Category: Social
Former MPs embrace insurance as Uganda’s life cover market records historic growth
Uganda’s insurance industry is witnessing a major shift in public attitudes towards financial planning, with former Members of Parliament becoming the [...]
Technology and alliances at the centre of Nigeria’s push for higher insurance uptake
The persistently low level of insurance penetration in Nigeria despite a population exceeding 250 million, is a structural market reality with implica [...]
FANAF commits to inclusive insurance pact to double penetration by 2040
The African insurance sector has turned a new page in its history as the Federation of African National Insurance Companies (FANAF) adopted an inc [...]
Profitability holding up for insurers despite softening market, says Swiss Re
The global insurance industry is navigating a cyclical slowdown, but profitability is holding up, according to Swiss Re.
In its latest report on gl [...]
Small wind turbines could revolutionise electricty supply in rural Africa, suggests WRI
Much of the conversation around wind power often focuses on large-scale utility wind farms that provide energy to power grids deployed across cities, [...]
MGAs warned to improve governance around AI in new paper
Managing general agents have been urged to establish formal artificial intelligence (AI) governance frameworks before growing operational, cyber and r [...]
ZEP-RE Academy at ten reflects the growth of Africa’s insurance capability
Ten years ago, ZEP-RE Academy began with the belief that Africa's insurance and reinsurance industry could only grow as fast as the skills of the [...]
Digital innovations drive scale in Uganda’s low-income insurance market
For decades, insurance in Uganda was largely perceived as a service for wealthy individuals, large corporations and formally employed workers. But thi [...]
Parametric insurance struggles for scale in Nigeria despite climate risk urgency
Parametric insurance offers faster claims and improved risk management. Yet its adoption in Nigeria remains constrained by data gaps, low awareness, r [...]
How Nigeria’s startups are reinventing insurance for Gen Zs
For many young Nigerians, insurance has long been viewed as a product for older people, corporate workers, or vehicle owners. But a new generation of [...]