Category: Social
Baltimore bridge collapse poses new pain point for marine insurers
The global marine insurance market is waiting to assess the final fall-out and global impact of the accident in which container vessel Dali crashed in [...]
Global Shield chooses the Centre for Disaster Protection to co-ordinate support for insurance
The Centre for Disaster Protection has been selected as the coordinator for the technical advisory group (TAG) of the Global Shield against Climate Ri [...]
Impact, sustainability the mortar in PE deals
Impact and sustainability are replacing environmental, social and governance (ESG) as the tagline on many insurance- and investment-focu [...]
How Uganda insurers are readying for oil boom business
Uganda’s insurers are strengthening their capacity to tap into the expected boom in the oil and gas sector as the East African economy brushes aside p [...]
Kenya underwriters bet big on agents to drive insurance in digital age
Kenya insurers are challenging agents that the market is still wide open for them to drive amid the rising preference for digital services among consu [...]
Headache for Nigeria insurers as inflation, revised premiums cut number of insured vehicles
The persistently high level of inflation ravaging the Nigerian economy and the tripled premiums for third-party covers has cut the number of insured v [...]
African Insurance Awards 2024 open for entries
The African Reinsurance Corporation, Africa Re, will organise the 9th edition of the African Insurance Awards on 3 June 2024 in Windhoek [...]
Demand for reinsurance set to stay strong in 2024, reports Moody’s
Demand for reinsurance will remain robust in 2024 despite subdued economic growth, according to a new report from Moody’s.
It said this demand will [...]
Africa Re exceeds US$1.1bn in top-line growth, as group enjoys record year
Africa Re hits and exceeds the US$1.1bn milestone in the top line with a historic bottom line driven by strong underwriting performance [...]
East Africa nations put private insurers at the centre as they refresh social health insurance schemes
Kenya, Uganda and Tanzania are in the final stages of implementing new social health insurance schemes to drive universal healthcare to millions of ci [...]