Category: Social
Insurers urged to create fit-for-purpose products to drive premium volumes up across Africa
With climate change already impacting the continent, with increased frequency and severity of floods, typhoons and droughts, the insurance industry ha [...]
Women carrying Covid-19 workload
Heightened workloads and household responsibilities during the Covid-19 pandemic are driving deep dissatisfaction among many women in the workforce, a [...]
Microinsurance: a tool for insurance penetration in Africa
The concept of microinsurance to deepen insurance penetration among the rural population in Africa was once a novel idea at industry seminars and fora [...]
Special risks insurer flounders after civil commotion broadside
The ZAR20bn (and rising) damages claims following widespread civil unrest in South Africa could tarnish Sasria SOC’s record as one of the country’s be [...]
Africa Re files net profit of $23.7m for first half
The African Reinsurance Corporation (Africa Re) has posted a net profit of $23.7m for the first six months of this year, 27% higher than the $18.7m re [...]
New K&R product launched for Africa
African specialist underwriting agency, Neema Insurance Managing Agency (Neema), has launched a new kidnap and ransom (K&R) reinsurance product fo [...]
Africa may take seven years to recover from Covid-19
Africa faces at least six or seven years of recovery in the wake of the Covid-19 pandemic, warned an analyst, who also believes service industries pla [...]
Nigeria President Buhari puts weight behind insurance industry and its role in rebuilding Africa post-Covid
Nigeria’s President Muhammadu Buhari has urged the African insurance industry to play its part in rebuilding the continent’s economy post-Covid.
Sp [...]
Global premiums set to double in next two decades
Global P&C premiums are expected to more than double to US$4.3 trillion in 2040 from US$1.8 trillion in 2020, as the P&C portfolio composition [...]
Equity names new non-executive director
Equity Group has appointed John Mushosho as a non-executive director to its board following the retirement of Christopher Newson.
The group said Mr [...]