Category: Sustainability
Low uptake of workman’s compensation insurance exposes Ugandan employees
Workers’ compensation is mandatory for all businesses operating in Uganda, irrespective of size. However, the uptake among employers has been low, lea [...]
Boost for Nigerian insurers as police enhance compliance with third-party motor cover rules
The insurance market in Nigeria is expecting increased premiums following the decision by the Nigerian Police Force (NPF) to enforce third-party motor [...]
Ivory Coast’s insurance market: Challenges in the race to boost penetration in rural areas
Côte d'Ivoire's insurance market is one of the most dynamic in the CIMA zone, and it comprises 14 French-speaking countries in West and Central Af [...]
VIDEO: Round table: Complexities of insurance pricing analysed
At a recent round table hosted by Mukfin and Africa Ahead: Mulenga Kashiwa, senior manager technical underwriting at Hollard Insurance discusses t [...]
California wildfires: A lesson for Africa?
With the costs of the California wildfires continuing to rise, it appears insurers will be faced with bills of some US$30bn to $40bn, a sobering thoug [...]
Climate change impact clear to see in 2024 disaster figures, warns Munich Re
Worldwide, natural disasters caused losses of US$320bn in 2024 (2023, adjusted for inflation: $268bn), of which around $140bn ($106bn) were insured, s [...]
ASR launches first Africa-focused Lloyd’s Consortium
Africa Specialty Risks (ASR), the Africa- and Middle East-focused (re)insurance group, has launched the first Africa-focused Lloyd’s Consortium.
Th [...]
World’s largest companies add nature threats to ESG commitments, says McKinsey
The world’s largest companies increasingly recognise the risks and opportunities presented by nature and natural capital, according to a new report fr [...]
Reinsurance market starts 2025 in strong position, suggests Aon
The reinsurance industry starts 2025 in a strong position, according to the final Reinsurance Market Dynamics report from Aon.
It reported that glo [...]