Tag: Editor's Pick
Surge in vehicle imports fuels motor insurance growth in Zimbabwe amid claims pressure
Zimbabwe’s insurance sector is experiencing a rare silver lining amid the country’s broader economic challenges—a surge in vehicle imports that is dri [...]
Innovation and digital shift key to de-risking Uganda’s economy, insurers told
Ugandan insurers have been asked to take a more proactive role in mitigating risks through innovation and digital transformation if they are to boost [...]
VIDEO: Disaster preparedness needs to be front and centre for Africa’s insurance industry
Daniel Clarke, executive director of the Centre for Disaster Protection, discusses the International Day for Disaster Risk Reduction while looking [...]
African underwriters must embed forward-looking resilience in their risk management strategies
African insurers and reinsurers should give resilience a forward-looking approach by not only responding to risks after they occur but also anticipati [...]
Future-fit risk management fuels sustainable insurance and corporate profitability
A structured approach to risk management can deliver cost savings and resource optimisation without undermining the long-term sustainability of the in [...]
Capacity constraints test Zimbabwe’s funeral insurers in push to adopt IFRS 17
Zimbabwe’s funeral underwriters are taking baby steps in switching to International Financial Reporting Standard 17 (IFRS 17), coming nearly three yea [...]
Reinsurance forum pushes for local capital retention to strengthen African markets
African reinsurers must act to curb the export of capital abroad, according to speakers at the African Insurance Organisation (AIO) reinsurance forum [...]
Kenya eyes tighter reinsurance rules to retain more premiums locally
Kenya’s insurers will soon be required to increase the portion of business they must mandatorily place with the Kenya Reinsurance Corporation (Kenya R [...]
Uganda targets 20% premium growth in new five-year insurance plan
Uganda’s insurance industry is targeting a 20% growth in premiums over the next five years helped by roll-out of new products and enhanced customer ed [...]
Collaboration and sustainability emerging as the new frontier in risk management
Africa’s insurers and reinsurers are not the only entities seeking to make sense of risk exposures in an uncertain and volatile world.
They are [...]