Category: Social
Data loss and cyber attacks among top risks for directors and officers, says Willis
Data loss and cyber attacks were identified as two of the top three risks to directors and officers, according to the latest Cyber Directors’ and Offi [...]
Mobile-based insurance product launched to protect uninsured Ugandans
Uganda’s MTN Mobile Money (MoMo) has partnered with Sanlam Life Insurance Uganda to launch a new mobile-based insurance product.
“This is about giv [...]
Midyear reinsurance renewals see a competitive environment with growing capacity, reports Aon
Despite an active first half for natural catastrophe losses, midyear renewals experienced a broadly competitive environment, as reinsurers, insurance- [...]
Proposed road accident fund to reshape Zimbabwe’s short-term insurance business
The landscape of Zimbabwe’s short-term insurance is poised for a reshape following the recently passed bill that provides for the introduction of a ro [...]
Uganda’s insurers pay record $231m in claims amid premiums surge
Uganda’s insurance industry paid out a record UGX887.4 billion (about US$231.42 million) in claims in 2024, marking 8.2% growth from the previous year [...]
Africa Re and UNICEF sign US$1.5 million deal to empower Nigerian youth
UNICEF and Africa Re have signed a landmark agreement to support climate change education and green skills development for children and young people i [...]
IDF marks 10 years with new strategy and branding
The Insurance Development Forum (IDF) marked its 10th anniversary at the IDF Summit 2025 last week, with the launch of its new Strategy to 2030 and a [...]
New Zimbabwe law linking radio licence to vehicle insurance spooks underwriters, insureds
The recently passed regulation requiring motorists in Zimbabwe to purchase radio licence before they can buy vehicle insurance covers has unsettled th [...]
Inclusive insurance key for Uganda’s economic growth, stresses regulator
Insurance penetration in Uganda remains below 1% despite the rising insurable risks in the country. The East African country has been stepping up effo [...]
Breaking barriers: Inclusive insurance strategies in the CIMA zone
With one of the lowest penetration rates in the world, the development of the insurance industry in the CIMA zone, and in Africa in general, is ha [...]