Category: Social
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 [...]
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 [...]