Tag: Editor's Pick
Growing cyber threats to the insurance sector
There are many threats currently targeting the insurance sector and these threats have grown over the last few years significantly. This is primarily [...]
African underwriters cannot afford to steer clear of region’s mega oil project
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Nigerian regulator close to launching risk-based capital roadmap
The rising tide of bankruptcies and underperformance by insurance firms in Africa gave rise to the concept of risk-based capital model, through which [...]
Solvency regulation keeps SA life insurers on a sustainable path
South Africa’s comprehensive Solvency Assessment and Management (SAM) regime, which carries through in the Prudential Standards for Financial Institut [...]
Finance sector must go green to overcome climate gaps
Green banks have a critical role to play in overcoming climate finance gaps, participants in a recent African Development Bank event agreed.
Organi [...]
SA bond market has a role to play in sustainable asset allocation
Asset managers and other financial institutions are increasingly turning to the South African bond market to improve their environmental, social and g [...]
Claims management changed by Covid-19, but people remain at heart of service
Claims management has changed irrevocably as a result of the Covid-19 pandemic.
The use of technology, from drones to Zoom calls, increased markedl [...]
Kenya’s underwriters pay record KSH17bn policy surrenders on Covid-19 hardships
Kenya’s underwriters’ payments to customers abandoning polices quadrupled in 2021 to hit KSH17.09bn ($148.8m) on the back of coronavirus-induced econo [...]
Technology: the roadmap to drive access to insurance in Africa
The yawning gap
Africa has the population numbers to support considerable adoption and penetration of insurance products and services. The current [...]
Insurers must use technology to drive insurance penetration levels
The Nigerian regulator has stressed the need for insurers to maximise the use of technology to drive penetration into new markets and to grow existing [...]