Tag: Editor's Pick
Balancing innovation and exposure: Insurance sector’s emerging tech challenge
In an evolving risk landscape, global insurers and reinsurers must strike a balance between innovating to identify and mitigate risks and recognising [...]
Risk-based capital is going to be a long-term play for underwriters
Insurers and reinsurers have been advised to take a long-term view in propping up their capital to levels that are proportionate to the risks they [...]
Flexible premiums could boost insurance uptake and reduce policy dropouts
Repackaging of insurance products to allow for flexibility in premium payments is emerging as a key lever for driving uptake and reducing surrenders a [...]
Surge in consumer complaints puts Zimbabwe’s short-term insurers under regulatory spotlight
In December 2024, Takunda Mafume expected his insurer to respond quickly when his Toyota Corolla was side-swiped by a speeding commuter omnibus in the [...]
Opinion: Mandatory mediation directive in South African high courts and the resultant pushback
Donald Dinnie, director at Norton Rose Fulbright South Africa Inc, and Kriyanka Reddi, senior associate at the same law firm, weigh in on the mandator [...]
Police crackdown boosts demand for third-party motor insurance in Nigeria
Nigeria’s insurers are reporting increased demand for third-party motor insurance covers hardly three months since police stepped up the enforcement i [...]
Africa Ascending Ep 7: ESG – a buzzword or a necessity?
Welcome to Africa Ascending, a podcast series looking at key issues affecting the African business environment and its impact on the insurance sector [...]
African insurers must put data and technology in the journey of closing the protection gap, suggests Deloitte
The African insurance industry stands at an inflection point where resilience, adaptability, and innovation will dictate its trajectory, Deloitte [...]
Increased insurance uptake offers path to resilient disaster management in South African municipalities, suggests new report
South Africa’s National Treasury has suggested that greater uptake of insurance would help its municipalities survive a severe natural disaster.
In [...]
Opinion: Tackling urban flooding in Accra with innovative risk solution
The Insurance Development Forum (IDF), through its Sovereign and Humanitarian Solutions (SHS) Working Group, is spearheading a Tripartite Project [...]