Category: Social
ESG guidelines reinforce Kenya insurers’ sustainability focus
Kenya’s securities exchange has given listed firms a year to start environmental, social and governance (ESG) reporting, with insurers having the uppe [...]
Organisations globally signing up to UN’s Principles for Sustainable Insurance
From just a small group in 2012, 200 organisations have now joined the UN Environment Programme’s Principles for Sustainable Insurance (PSI).
As 20 [...]
Insurance industry adoption of ESG driven by long-term climate change
Environmental, social and governance (ESG) practices have become more than a buzzword, with businesses across all market sectors, including the insura [...]
Insurers missing out on informal workers
Close your eyes and picture an informal worker. What economic shock is that person most worried about? What resources (social, financial [...]
Reinsurers need to work together to make market growth a reality
Africa’s reinsurers are competing for too small a pie and should instead work together to grow the overall market, according to Corneille Karekezi, gr [...]
Pandemic year one: SA insurers confirm 23.3% spike in fully underwritten life policy claims
South Africa-based life insurers have confirmed paying more than ZAR20.6bn against fully underwritten individual life policies in 2020, offering the l [...]
Global insurance industry to hit new records in 2022
The global insurance industry is set to reach a new record in global premiums by mid-2022, exceeding $7trn, according to Swiss Re.
Swiss Re Institu [...]
Insurance has key role to play in financing Africa’s power
In November 2017, the African Trade Insurance Agency (ATI) and the KfW Development Bank jointly launched the Regional Liquidity Support Facility (RLSF [...]
Kenya’s digital lenders planning to sell microinsurance
Kenya’s digital lenders are planning to roll out microinsurance products and target thousands of customers tapping into small loans via mobile phones. [...]
Access to insurance increasing in Nigeria through new partnership
Nigerian insurer AXA Mansard has partnered with Insurpass, an insurance technology company, to provide access to affordable insurance coverage for eme [...]