Category: Social
Upcoming Dive In festival to cover record-breaking 48 countries
The annual Dive In festival, a premier international event that rallies for diversity and inclusion (D&I) within the insurance industry, scheduled [...]
African banks aiming to boost infrastructure lending
In what could be a boost to infrastructure lending across the continent, two of Africa’s leading banks have announced new deals.
The news comes aft [...]
South Africa general insurance industry to surpass $11-billion in 2028, forecasts GlobalData
The South African general insurance industry is set to grow at a compound annual growth rate (CAGR) of 5.8% from ZAR181.5-billion (US$9.8-billion) in [...]
Liberty, Sprout and Britam team up to launch coffee related parametric cover
Liberty Mutual Reinsurance (LM Re) has announced a partnership with insurtech firm Sprout and diversified financial services firm Britam as the local [...]
Mpox declared international emergency as cases rise in Africa
The upsurge of mpox in the Democratic Republic of the Congo (DRC) and a growing number of countries in Africa constitutes a public health emergency of [...]
Ugandan insurers turn to partnerships with banks to deepen penetration
The partnership between banks and insurance companies in Uganda is emerging as a pivotal force in enhancing insurance penetration across the nation.
[...]
Multiple funeral policies alarm Zimbabwe’s insurance regulator
Prosper Ntini, 36, promptly registered all his parents on a funeral assurance policy, soon after starting his job as a civil servant.
He has been c [...]
Kenya’s insurers brace for surge in claims as political risks rise
Kenya’s insurers are bracing for a surge in claims as businesses and property owners assess loss and damage from vandalism and looting that has accomp [...]
Why insurance brokers must reinvent themselves in the face of digitalisation
The insurance industry, like many other industries, is going through a phase of digital disruption. And this means insurance companies a [...]
Munich Re insurance revenue up in H1
Munich Re generated a net result of €1,623m (1,154m) in the second quarter of 2024 and €3,763m (2,425m) in the first six months of the year. Insurance [...]