Category: Social

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Cyber insurance rates likely to rise as Gulf war continues

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

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

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

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

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, [...]
Rising shocks put focus on insurance for Uganda’s small businesses

Rising shocks put focus on insurance for Uganda’s small businesses

On the morning of October 31, 2025, traders along the Nakivubo Channel in Kampala watched helplessly as torrential rains triggered devastating floods [...]
Warranties and indemnity insurance policy sales surged in 2025, suggests new report

Warranties and indemnity insurance policy sales surged in 2025, suggests new report

2025 is predicted to exceed the record-breaking levels of warranty and indemnity (W&I) insurance growth and adoption recorded in 2024, according t [...]
Parametric insurance shows promise for climate resilience but requires more regulatory backing

Parametric insurance shows promise for climate resilience but requires more regulatory backing

Uptake of parametric insurance has been growing rapidly in recent years, however, there is more to do – and more regulators to convince. That was t [...]
Local-language policies and school curriculum could close Zimbabwe’s protection gap

Local-language policies and school curriculum could close Zimbabwe’s protection gap

Translating insurance policies into local languages and integrating insurance education into schools could help increase uptake in African countries l [...]
Correct product development crucial to successful microinsurance development

Correct product development crucial to successful microinsurance development

Aggrey Mulumbi, managing director of KCB Bancassurance Intermediary, Dr. Caleb Odhiambo Onjure and Professor Jane Muriithi discuss the influence o [...]
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