Category: Sustainability
Africa’s insurers, reinsurers ready to embrace AI, but fear of unintended consequences abound
The majority of Africa’s insurance and reinsurance leaders would consider replacing some of the underwriting roles with artificial intelligence (AI) t [...]
Insurance regulators open to AI use for as long as policyholders are at the centre
African regulators have warned of a growing divide as the use of artificial intelligence (AI) takes hold, but they are expressing willingness to allow [...]
Move from discussion to action, urges Continental Re as it marks 40 years
Africa insurers and reinsurers must now move beyond discussion to action if they are to realise the potential of homegrown expertise, innovation a [...]
Ghana government imposes 20% VAT on insurance in shock move
Value added tax (VAT) on insurance products is a divisive issue, with governments keen to bring in greater revenue while industry argues it dissuades [...]
Africa Ahead journalists sweeping the board at awards across the continent
Africa Ahead journalists have been shortlisted and collected a number of awards in the past weeks for their journalistic expertise.
News editor Pat [...]
First African platform for trade credit and political risk cover launched by AU and ETG
AU Group, a specialist broker in trade credit and political risk insurance, has agreed a strategic partnership with ETG (Export Trade Group) to launch [...]
More than 250 insurance professionals join the inaugural Nairobi Declaration on Sustainable Insurance Summit
More than 250 insurance industry leaders, regulators and policymakers gathered in Accra for the first Nairobi Declaration on Sustainable Insurance (ND [...]
Brokerslink adds two more African brokers
Global broking business, Brokerslink, has added brokers from Mauritania and the Ivory Coast to its network. The two new additions bolster its network, [...]
Global uncertainty increases risks across Africa, warns S&P
Global uncertainties, including volatile commodity prices, hint to increasing risks for African countries, warns rating agency S&P Global Ratings. [...]
VIDEO: How can African insurers close the protection gap while the threat of natcat increases?
African insurers are well aware of the enormous protection gap across the continent, but the fear is that natural catastrophes might increase with [...]