Category: Social

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Insurance sector investments in resilient infrastructure key, says IDF

Insurance sector investments in resilient infrastructure key, says IDF

The Insurance Development Forum (IDF) has highlighted the development in 2024 of a blueprint aimed at facilitating insurance sector investments in res [...]
Africa Re records nearly 10% growth in gross written premium in 2024

Africa Re records nearly 10% growth in gross written premium in 2024

Based on preliminary and unaudited figures under IFRS 4, Africa Re has continued on its growth trajectory by recording a gross written premium of [...]
Insurers and governments need to work together to deliver a sustainable Africa in the face of climate change

Insurers and governments need to work together to deliver a sustainable Africa in the face of climate change

The insurance industry can play a crucial role in helping African countries, businesses and individuals build resilience and adapt to climate chan [...]
South Africa’s tax hike and government ructions bring political violence and terrorism covers back into focus

South Africa’s tax hike and government ructions bring political violence and terrorism covers back into focus

As the rest of the world frets over US President Donald Trump’s on-again off-again trade tariffs, South African businesses and consumers are holding t [...]
Africa’s insurers, reinsurers ready to embrace AI, but fear of unintended consequences abound

Africa’s insurers, reinsurers ready to embrace AI, but fear of unintended consequences abound

The majority of Africa’s insurance and reinsurance leaders would consider replacing some of the underwriting roles with artificial intelligence (AI) t [...]
Ghana government imposes 20% VAT on insurance in shock move

Ghana government imposes 20% VAT on insurance in shock move

Value added tax (VAT) on insurance products is a divisive issue, with governments keen to bring in greater revenue while industry argues it dissuades [...]
Africa Ahead journalists sweeping the board at awards across the continent

Africa Ahead journalists sweeping the board at awards across the continent

Africa Ahead journalists have been shortlisted and collected a number of awards in the past weeks for their journalistic expertise. News editor Pat [...]
Brokerslink adds two more African brokers

Brokerslink adds two more African brokers

Global broking business, Brokerslink, has added brokers from Mauritania and the Ivory Coast to its network. The two new additions bolster its network, [...]
Expansion of Uganda’s agricultural insurance subsidy kitty could boost farmers’ resilience

Expansion of Uganda’s agricultural insurance subsidy kitty could boost farmers’ resilience

Despite Uganda’s agricultural sector being the backbone of the economy, contributing about 24.1% to gross domestic product (GDP) and about a third of [...]
Burkina Faso’s insurers stage resilience, adaptability amid crisis

Burkina Faso’s insurers stage resilience, adaptability amid crisis

Burkina Faso's insurance market is one of the most dynamic in the CIMA zone, which comprises 14 markets in West and Central Africa. The country [...]
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