Category: Social

Why insurance firms need branding strategy to scale market challenges
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Operators in the insurance sector in Africa are grappling with myriad market challenges ranging from low public awareness, re [...]

Africa has challenges but plenty of opportunity too, suggests new McKinsey report
Despite a promising start to the millennium, Africa’s long-term economic growth has been slow, warns a new report.
Reimagining economic growth in A [...]

Egyptian firm and its CEO scoop African Insurance awards
Omar Gouda, managing director of Misr Insurance, Egypt, won the coveted Insurance CEO of the year at the recent 8th Edition of the African Insurance A [...]

Young insurance professionals meet in Algiers
Young insurance professionals got together during the African Insurance Organisation’s 49th General Assembly in Algiers to meet and discuss their futu [...]

Shipping losses hit a record low in 2022, but jump in fires, shadow tanker fleet and economic uncertainty pose new safety challenges
The shipping sector reported a record low number of large ships lost in the past year. However, a combination of factors impacting fire risk, ongoing [...]

Captives should be a regular risk transfer tool for larger companies or groups across Africa
The use of captives should be increased across Africa, according to a group of market experts.
Speaking at a round table hosted by Africa Specialty [...]

New president for AIO named
The African Insurance Organisation’s (AIO) incoming president has spent more than 30 years in the Algerian insurance market.
Benhabiles Cherif, pre [...]

The role of insurance for SMEs in Zimbabwe crucial for economic growth
The expansion of Zimbabwe’s economy is increasingly dependent on small to medium enterprises (SMEs). Since 2000, there has been a drop in employment l [...]

Insurers must sell policies that consumers need, suggests reinsurer broker
Insurers must sell policies that consumers need and will want to buy, according to one reinsurance broker.
Speaking at a round table hosted by Afri [...]

Being part of a global community brings challenge but also opportunity
Balancing local needs with global demands is one of the challenges facing the African insurance market this year as it meets the challen [...]
