Category: Sustainability
Nigeria’s insurance reform bill will address current realities and evolving needs, suggests insurers association
The Nigerian Insurers Association (NIA) has commended the recent passage of the Nigerian Insurance Industry Reform Bill 2024 in the Senate, describing [...]
IDF launches open access risk modelling, alongside African case studies
The Insurance Development Forum (IDF) risk modelling steering group (RMSG) has launched a series of open-access risk modelling tools designed to advan [...]
Insurance sector investments in resilient infrastructure key, says IDF
The Insurance Development Forum (IDF) has highlighted the development in 2024 of a blueprint aimed at facilitating insurance sector investments in res [...]
Africa Re records nearly 10% growth in gross written premium in 2024
Based on preliminary and unaudited figures under IFRS 4, Africa Re has continued on its growth trajectory by recording a gross written premium of [...]
IAIS launches paper on regulation and climate risks
Climate-related risks, including extreme weather events, are increasingly impacting consumers and businesses, highlighting the key societal purpose of [...]
ATIDI and Deutsche Bank agree financing cover for Benin
The African Trade & Investment Development Insurance (ATIDI) supported Benin’s latest financing transaction, providing a second loss guarantee [...]
VIDEO: Round table: Insurance claims management: challenges and opportunities for insurers and reinsurers
Keeping claimants on side while delivering efficient and cost-effective claims management process is the key to reducing overall costs, [...]
VIDEO: Leaving it to machines to handle claims is not enough
There must be a balance between using machine learning to handle claims and having human empathy for the claimant. But, as Nelson Matheus, chief cla [...]
Insurers and governments need to work together to deliver a sustainable Africa in the face of climate change
The insurance industry can play a crucial role in helping African countries, businesses and individuals build resilience and adapt to climate chan [...]
South Africa’s tax hike and government ructions bring political violence and terrorism covers back into focus
As the rest of the world frets over US President Donald Trump’s on-again off-again trade tariffs, South African businesses and consumers are holding t [...]