Category: Sustainability
Nigeria pilots building insurance scheme as template for nationwide rollout
Nigeria’s insurance market is being handed a potential scale opportunity as the regulator positions the newly launched Lagos State Building Insurance [...]
CIMA raises capital bar for micro insurers, tightens dividend rules across industry
The CIMA Code has received several revisions on its provisions, setting the stage for higher capital requirement for micro insurers and tighter di [...]
Super El Niño is expected to change weather extremes worldwide, warns Munich Re
While there were slightly fewer natural catastrophes in the first half of 2026 than average, Munich Re is warning the second half of 2026 is expected [...]
Rising volatility hitting construction sector and increasing insurance spend, finds Arch
Geopolitical instability, supply chain disruption, climate change, funding and inflationary pressures, and emerging technologies are all increasing le [...]
Mozambique ship hit by Houthis in latest Red Sea terror escalation
A Mozambique-flagged LPG tanker carrying 28 Indian crew members was attacked in Iranian territorial waters on Friday, the Indian embassy in Tehran h [...]
Marine insurance rates rise rapidly in response to Houthi threats
Insurance rates have been spiralling since the start of the conflict between the US and Iran and last week the insurance cost of shipping goods throug [...]
Increasingly complex interconnected risk environment threatens African firms
Companies in South Africa are facing an increasingly complex risk environment as cyber threats, fraud, governance failures, business interruption and [...]
Former MPs embrace insurance as Uganda’s life cover market records historic growth
Uganda’s insurance industry is witnessing a major shift in public attitudes towards financial planning, with former Members of Parliament becoming the [...]
Insured catastrophe loss rising, warns latest Aon report
The world saw above-average insured natural catastrophe loss in the first half of 2026, reports broker Aon, and, although global catastrophe losses re [...]
VIDEO: Private capital taking sustainable approach in African insurance sector
Mikir Shah, CEO at Africa Specialty Risks, talks to Liz Booth about the fresh influx of capital into the African insurance market and explains why [...]