Tag: Editor's Pick
Geopolitics, climate risks and profit pressures cloud outlook for South African insurers
A widening catastrophe protection gap, geopolitical instability and mounting pressure on profitability are forcing South African insurers to rethink h [...]
Uganda’s US$500bn growth ambitions challenge insurers to expand specialised protection
Uganda’s ambition to grow its economy tenfold to US$500 billion by 2040 could create a significant new market for insurers. However, experts say indus [...]
Zimbabwe reinsurers’ growth hinges on employer-linked life covers
Zimbabwe’s life reinsurance market remains heavily dependent on group life assurance, with the product accounting for 51% of insurance revenue in the [...]
VIDEO: AIO instrumental in developing African insurance markets, says former president
Yared Mola, immediate past president of the African Insurance Organisation and chair of the Ethiopian Insurance Association, talks about the pride [...]
PODCAST: Can insurance events continue in their current formats?
In the next of the Africa Ascending Bites podcasts and as the African Insurance Organisation Reinsurance Forum is underway, Udai Patel, CEO of Afr [...]
Softer reinsurance market puts Africa’s underwriting discipline to the test, say market experts
Reinsurance and insurance markets are quietly optimistic despite a clear market softening in some areas, citing this as a “new normal” rather than a s [...]
Put underwriting discipline ahead of growth, African reinsurers urged
With three out of four of the global rating agencies giving the region a stable outlook as reinsurance markets head to 1/1 renewals, that measured sta [...]
Can Africa’s risk capacity keep pace with its changing risk profile?
Prolonged disruption around the Strait of Hormuz has become a real-time test of how quickly geographically distant risks can affect trade, product [...]
Interconnected risks test resilience of Kenya’s insurance market
The interconnectedness of risks is threatening a perfect storm for Kenya and its insurance sector in the coming year.
That was the fear of a gr [...]
AI is a tool but underwriting discipline must remain, industry warned
With so much challenging economies, from wars around the world to climate change and tough economic times, insurance is a vital tool to protect busine [...]