Category: Social
Bakary Kamara, vice chair of Africa Re, dies at 75
Bakary Kamara, a prominent figure in the African insurance industry, has passed away on 12 January 2024 at the age of 75.
After studying in Maurita [...]
Reinsurance renewals much calmer on January 1, reports Aon
In contrast to 12 months earlier, the key reinsurance renewal period of January 1 proceeded ‘relatively smoothly’, as a rebound in profitability and c [...]
Munich Re aims to grow reinsurance business in 2024
As the 1/1 renewal season fast approaches and as 2023 ends, Munich Re has put out a statement saying that the group is aiming for a net profit of €5bn [...]
South African insurer welcomes COP28 outcomes
South African insurance group Sanlam Investments has welcomed the “UAE Consensus” announcement at COP28 that collectively recognises, for the first ti [...]
Call to action: secure the future of the African insurance industry
In today's rapidly changing world, the importance of sustainability is increasing day by day. Iara Sousa, an experienced insurance professional and ne [...]
New smart siren technology to bridge emergency healthcare access gaps
With ambulances stuck in traffic a common sight in Uganda, overall, it takes more than 90 minutes from ‘Trauma to Treatment’. Several reports indicate [...]
Allianz Commercial identifies key risks for directors and officers in 2024
Board members and company executives can be held liable for an increasing number of scenarios. Inadequate responses to economic pressures, geopolitica [...]
Counting the cost of tough renewals
After a torrid set of renewals at 1/1, 2023, the African insurance market has been bracing itself for what might follow on 1/1, 2024. Last January not [...]
Uganda’s medical insurance card holders fuelling huge bills
Medical card holders’ complacency is contributing to large and unsustainable medical bills for insurance underwriters, according to a study conducted [...]
How Kenya’s top bank plans to disrupt medical insurance pricing
Kenya’s largest bank by market valuation is backing outpatient clinics and ‘own drugs’ to disrupt the pricing of medical insurance, barely two years a [...]