Category: Social
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 [...]
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 [...]
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 [...]
Santam Ltd enjoyed 14.7% increase in net earned premium in 2025, with an optimistic forecast
Santam Limited, South Africa’s largest general insurer and the holding company of Santam Syndicate 1918, has reported double-digit growth in the finan [...]
Cyber insurance rates likely to rise as Gulf war continues
Rising conflict risk linked to the US, Israel and Iran is pushing insurers and insureds to reassess exposure not only across marine and trade routes, [...]
Capacity in the aerospace market remains strong, reports WTW
Insurance capacity in the aerospace market remains strong, according to broker WTW, which is a timely finding as the African Development Bank (AfDB) l [...]
Marine insurers face threat from insureds’ AI adoption
The speed with which the global maritime industry is adopting artificial intelligence (AI) technology to optimise operations, recruitment and maintena [...]
Why business leaders in Africa must watch the S in ESG more closely
Business leaders who treat the ‘S’ in ESG conversations as less important and dwell more on emissions targets and reporting frameworks are taking a ba [...]
Gen Z’s unique risks set to reshape insurance landscape in Africa
Insurance products are broadening out across Africa as an emerging middle class looks for protection for their newly acquired possessions.
However, [...]