Category: Social
South Africa’s Santam demonstrates resilience amid rising extreme weather risks
As the frequency and severity of extreme weather events rise, Africa’s general insurers are turning to the risk management and underwriting tools avai [...]
ASR forms new parametric reinsurance partnership to boost African cover
Africa Specialty Risks (ASR) has formed a landmark parametric reinsurance partnership with a leading European reinsurer, to increase its coverage for [...]
More innovation needed if insurers are to maximise opportunities from technology, suggests Democrance
The current state of insurance distribution in emerging markets showcases a mix of traditional agents, brokers and direct sales channels.
But, acco [...]
AM Best confident of insurance continuity after countries leave ECOWAS
The potential withdrawal of Niger, Mali and Burkina Faso from the Economic Community of West African States is the latest sign of political turmoil in [...]
East Africa set to be badly impacted by Red Sea attacks, warns UNCTAD
The UN Conference on Trade and Development (UNCTAD) has released “Navigating Troubled Waters. The Impact to Global Trade of Disruption of Shipping Rou [...]
Africa: home to 11 of the fastest-growing economies globally for 2024, says AfDB
Africa will account for 11 of the world’s 20 fastest-growing economies in 2024, the African Development Bank Group (AfDB) said in its latest Macroecon [...]
Marine market in disarray but insurers stepping up
With both the Panama Canal and the Suez Canal disrupted – one by drought and the other by terror attacks, insurers are stepping up with extensions and [...]
GAIF marks Diamond Jubilee with focus on sustainability
The umbrella body of insurance and reinsurance companies from the Arab region stretching from Iraq to Morocco is marking 60 years of existence with em [...]
South Africa one step closer to a National Health Insurance system, as Ramaphosa set to sign Bill
South Africa’s President Cyril Ramaphosa plans to sign into law a National Health Insurance (NHI) Bill that aims to provide universal health coverage [...]
Push to include community-based health insurance into Uganda’s proposed national scheme
The push to integrate community-based health insurance schemes (CBHIS) into Uganda’s National Health Insurance Scheme (NHIS) is gaining momentum, rais [...]