Category: Sustainability
Demand for political risk insurance growing in view of Middle East crisis
The US-Israel war with Iran is destabilising much of the surrounding Middle East, with businesses such as hotels, data centres and pipelines facing he [...]
Lloyd’s profits up 10% in 2025
The Lloyd’s market produced strong results in 2025 with profits of £10.6bn (+10.1%), gross written premium of £57.9bn (+4.2%) and a combined ratio of [...]
VIDEO: AI set to transform insurance market
Niraj Varia, chief operating officer at Turaco, discusses the value of getting artificial intelligence implementation right and the way it is set [...]
VIDEO: Take up of microinsurance dependent on technology
Niraj Varia, chief operating officer at Turaco, talks through the company’s journey and how the use of technology is spearheading the growth in ta [...]
Middle East tensions ripple across insurance and commodity markets, reaching Africa
It did not take long for the Iran-Israel-United States (US) conflict to spill over into the entire Middle East region, resulting in major disrupti [...]
War-driven pressures signal call for African insurers to strengthen risk strategies
In a world where more than 80% of global merchandise trade is transported by sea, insurance is not merely a financial service; it is the backbone [...]
Co-operation clauses and insurance claims denial: the consequences of concealing material information
Phillip Karugaba, executive, and Phillip Muhumuza, associate in the Uganda office of ENS, explain the implications of a recent judgment in Uganda when [...]
Fresh round of insurer failures puts Kenya’s risk-based capital reform in focus
The recent placement of three insurers under statutory management in Kenya has brought the issue of capital adequacy and risk governance in the countr [...]
AI-driven scams prompt Ugandan insurers to seek shared fraud database
Uganda’s insurance industry is considering the creation of a shared fraud database as part of efforts to counter increasingly sophisticated scams that [...]
Zimbabwe’s funeral cover boom constrains reinsurance market
Zimbabwe’s insurance industry is experiencing a structural imbalance that analysts say is quietly limiting the growth of reinsurance and broader risk [...]