Category: Social

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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 [...]
Threats to individuals and assets up a third, warns Alert:24

Threats to individuals and assets up a third, warns Alert:24

Threats to individuals or client assets increased by more than a third in 2025, accounting for 37% of all incidents, according to a new report. Ale [...]
InsurTech investment rose almost 20% in 2025, reveals Gallagher Re

InsurTech investment rose almost 20% in 2025, reveals Gallagher Re

Investment in global InsurTech for the full year 2025 rose 19.5% year on year to US$5.08 billion, driven in part by a significant uplift in Q4 funding [...]
African insurers reach new sustainability milestone with $52bn of investments now linked to climate action and social inclusion

African insurers reach new sustainability milestone with $52bn of investments now linked to climate action and social inclusion

Africa’s insurance industry has US$52 billion of assets under management (AUM) now linked to environmental, social and governance (ESG) targets, accor [...]
Political violence premiums jumped tenfold after unrest in DRC

Political violence premiums jumped tenfold after unrest in DRC

Political violence insurance premiums in Democratic Republic of Congo surged as much as tenfold in 2025 due to unrest in the eastern region. The mo [...]
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