Category: Social

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South Africa added to global life reinsurer Covid-19 costs

South Africa added to global life reinsurer Covid-19 costs

The cumulative cost of Covid-19 claims for the largest life reinsurers hit $4.4bn in the first quarter of the year as mortality rates spiked, accordin [...]

Being a responsible corporate citizen essential

The pandemic has disrupted the world, resulting in a significant economic turmoil that has led the African economy into its first recession in 25 year [...]
Insurance disruptor hits Kenyan market

Insurance disruptor hits Kenyan market

Cytonn Investments has launched an insurance agency arm, the Cytonn Insurance Agency (CIA), whose key objective is to disrupt the insurance industry. [...]
ASR launches parametric division

ASR launches parametric division

Africa Specialty Risks (ASR), the pan-African focused reinsurance group, has launched a parametric division, alongside the appointment of Dr Raveem Is [...]
ASR launches Mauritius hub to serve the continent

ASR launches Mauritius hub to serve the continent

Africa Specialty Risks (ASR), a reinsurance business focused on providing risk mitigating insurance solutions to the African corporate and specialty m [...]
Digitally enabled customers at the heart of end-to-end insurance solutions

Digitally enabled customers at the heart of end-to-end insurance solutions

Insurance brokers, insurers and reinsurers plying their trade in Africa must develop and implement digital customer engagement strategies to address p [...]
Insurers must rethink their distribution models, warns new report

Insurers must rethink their distribution models, warns new report

Insurers need to rethink their distribution models to offer uninterrupted service, superior customer experience (CX) and maximum value, as the industr [...]
Sustainability key to growth across east African insurance markets

Sustainability key to growth across east African insurance markets

Developing a sustainable business has been key to success at Kenyan insurer GA Insurance. Now growing across east Africa, group CEO Vijay Srivastava s [...]
Travel insurance innovation to cope with Covid-19

Travel insurance innovation to cope with Covid-19

A new travel insurance product has emerged to help Africa’s tourism sector recover from Covid-19. The insurance offered by Royal Shield Re covers trav [...]
Thinking outside the box essential to grow Africa’s insurance markets

Thinking outside the box essential to grow Africa’s insurance markets

Thinking of the problem and finding a solution is transforming the way one company finds its insureds across Africa. Micro Insurance Company has re [...]
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