Category: Social
Africa Re grows GWP in 2021 despite challenges and depreciating currencies
Despite the globally difficult economic environment in 2021, Africa Re was able to grow its gross written premium by 5.04% in 2021 to reach US$845. 35 [...]
Is ESG becoming a business essential?
Since the acronym “ESG” (environmental, social, and governance) was coined in 2005, and until recently, its fortunes were steadily growing. To take on [...]
Kenya faces presidential elections
Raila Odinga is expected to narrowly beat William Ruto and a marginal poll giving him an 8% lead will encourage undecided swing voters to pick the win [...]
Grand Re and SCG-Ré sign technical agreement to grow their markets
Botswana’s Grand Reinsurance and Gabon’s Société Commerciale Gabonaise de Réassurance (SCG-Ré) have signed a technical and commercial agreement to gro [...]
Insurers should be watching as Africa-China relations strengthen
Africa-China relations are moving into a new phase, suggests a new report – something which insurers should be watching carefully as shifts in local e [...]
Fears grow South African protests may turn violent, warns Dragonfly
As increasingly frequent protests break out in South Africa, experts are warning insurers that events may turn violent later in the year.
Thomas Mu [...]
Rate of global premium increases shows sign of slowing down
Global commercial insurance prices increased 9% in the second quarter of 2022 (down from an 11% increase in Q1), according to the Global Insurance Mar [...]
Africa has its first corporate clean mobility bond, launched in Morocco
Africa’s first corporate clean mobility bond has been launched by Morocco’s national railway operator (ONCF). FSD Africa provided technical assistance [...]
Winners of the 2022 Pan-African (Re)Insurance Journalism Awards announced
After two years of virtual events, Continental Reinsurance has announced the winners of the seventh Pan-African (Re)Insurance Journalism Awards at an [...]
Swiss Re back into profit for Q2, helped by treaty premium rate rises
Swiss Re returned to profitability in the second quarter of 2022, with a net income of US$405m. After the first quarter was marked by negative impacts [...]