Category: Social
Experts mull way out of Uganda’s low contributory social insurance for farmers
Uganda is grappling with the challenge of extending contributory social insurance to its farmers, with experts suggesting examples from other economie [...]
Guy Carpenter adds note of optimism about reinsurance market
According to Guy Carpenter, the reinsurance market is characterised by reinsurers’ strong profitability in 2024 and growing capitalisation, which is e [...]
Munich Re confident of reinsurance growth as market heads to Monte Carlo
As reinsurers head to Monte Carlo for the annual rendezvous, Munich Re predicted that following pronounced growth in recent years, the global reinsura [...]
Sanlam untroubled by changes to South African pension system
South Africa’s biggest life insurer, Sanlam, expects a modest outflow from retirement funds in the short term as clients are allowed to withdraw savin [...]
UN leader calls for African debt relief, saying the continent’s finances are unsustainable
African countries’ inadequate access to debt relief and scarce resources is a recipe for social unrest, United Nations Secretary-General Antonio G [...]
Real-time travel assistance upgrade as Blink moves into Africa
Irish Insurtech Blink Parametric and Mawdy are extending their real-time travel assistance insurtech to the network of ceding insurers reinsured by MA [...]
Sociological and cultural factors holding back insurance uptake in Africa
Payaïssédé Salfo Ouédraogo, a lecturer and researcher in sociology at Joseph Ki-Zerbo University, spoke to Africa Ahead on the sociological and cu [...]
Underwriters should sell exclusions to improve trust and uptake, suggests insurance association CEO
Insurers are being asked to disclose all exclusions in underwriting products at the time of onboarding customers if they are to improve trust levels a [...]
Gas project exit sounds an ominous note for South Africa’s energy transition plan
The sudden and somewhat unexpected decision by TotalEnergies to withdraw from a consortium formed to explore the commercial development of block 11B/1 [...]
Agents’ share in Uganda’s insurance premiums fall as other channels grow
The value of insurance premiums underwritten through agents is rising in Uganda, but the stake in the overall gross written premiums (GWPs) is declini [...]