Category: Social
Insurers warned of possible tax hit to their insureds
African Development Bank Group (AfDB) president Dr Akinwumi Adesina has warned that a new European Union carbon border tax could significantly constra [...]
AM Best says reinsurance market stable as tougher stance likely to continue
Rating agency AM Best has maintained its market segment outlook for the global reinsurance segment at stable, citing substantial rate improvement, pri [...]
Industry turns to Insurtech to close insurance protection gaps
There is a growing appreciation among Africa’s insurance sector stakeholders of the role that Insurtech start-ups can play in narrowing the widely pub [...]
The role of micro-insurance in freeing up Uganda’s insurance potential
Micro-insurance stands out as a tool to increase insurance penetration and uptake across Africa and is increasingly being adopted by product providers [...]
Is consumer satisfaction key to insurance sector growth?
Consumer satisfaction has emerged as a key component of insurance industry sustainability with content consumers likely to driver greater uptake of in [...]
AAR Insurance teams up with Cigna Healthcare in Kenya
Cigna Healthcare, a global health insurance company, has partnered with AAR Insurance Kenya. The pair claim the “collaboration is set to transform the [...]
Africa Re records strong growth in net profit for the first nine months of 2023
The African Reinsurance Corporation recorded a gross written premium income of US$806.5 million for the first nine months of 2023, repre [...]
SMEs threatened by cyber risks, warns Allianz
SMEs, of which millions are spread across Africa, are more vulnerable to economic shocks and the impacts of business interruption than larger companie [...]
Harnessing the power of big data: A new era for insurance and InsurTech in Zimbabwe
In the rapidly evolving world of insurance and insurtech, the term “big data” is gaining significant traction. Professionals in Zimbabwe’s insurance s [...]
Continental Re launches ninth journalism awards
Pan-African reinsurer, Continental Reinsurance Plc, has launched the 9th Pan-African (Re)Insurance Journalism Awards.
The 9th Pan-African (Re)Insur [...]