Category: Sustainability
Aon reports disasters costing more than average at start of 2024
The first quarter of 2024 saw several notable disaster events, which drove total year-to-date economic losses above $45bn, according to the latest cat [...]
Funding for Africa remains too short, warns AfDB president
African Development Bank (AfDB) Group President Dr Akinwumi Adesina has emphasised the critical need for significantly increased financing to meet the [...]
VIDEO: African insurance regulators believe pace of change is right for their markets
At the recent Continental Re 9th CEO summit, held in Zimbabwe, Namakau Ntini, CEO of Zambia’s Pensions and Insurance Authority, and Dr Grace Murad [...]
East African floods reinforce need for insurers to rise above charity hazard
The widespread flooding in East African economies including Kenya and Tanzania has put a spotlight on the low uptake of insurance against weather and [...]
Insurers must embrace harmonisation if Africa market is to reach its potential
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African insurers must change their attitude to open borders if the market is to reach its true potenti [...]
South Africa has itself a Climate Change Bill, but so what
South Africa’s Climate Change Bill cleared its second-from-last hurdle recently following the adoption of the Bill by the country’s National Council o [...]
Kenya’s growing bancassurance raises hope for deeper insurance uptake
Commercial banks in Kenya have reported increased uptake of bancassurance products, raising hopes that this could be the new way of lifting the uptake [...]
80% of African insurance CEOs fear international regulations hinder their growth
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Despite some 80% of African insurance CEOs believing international regulations hinder their progress, [...]
VIDEO: The latest Mukfin and Africa Ahead round table highlights the challenges of recruiting the right staff
In the latest round table from Mukfin and Africa Ahead, attendees discussed the challenges of recruiting the right staff to propel the insurance i [...]
Africa Specialty Risks launches Lloyd’s syndicate to boost Africa business
Reinsurance group Africa Specialty Risks (ASR) has launched ASR Syndicate 2454 at Lloyd’s focused on underwriting business across Africa.
It is the [...]