Tag: Feature
Jury still out on global reinsurance renewals
The insurance sector across Africa was watching the global markets closely as the 1 January reinsurance renewals approached and, despite the impact of [...]
Insurers warned deep-fake losses could be major
The use of deep-fake video and audio technologies could become a major cyber threat to businesses within the next two years, cyber analytics specialis [...]
AM Best affirms Africa Re’s financial strength rating of A (Excellent)
The financial strength rating of the African Reinsurance Corporation (Africa Re) has been re-affirmed at A (excellent) and the long-term issuer credit [...]
AM Best affirms Ghana Re rating
AM Best has affirmed the financial strength rating of B (fair) and the long-term issuer credit rating of bb of Ghana Reinsurance Company Limited (Ghan [...]
Ugandan insurance regulator approves 128 insurers to operate in 2021
The Insurance Regulatory Authority of Uganda (IRA) has authorised 128 insurance players, including nine life insurers, 21 non-life insurers, two reins [...]
Africa launches largest regional trading bloc in the world – insurers have golden opportunity
The African Continental Free Trade Agreement (AfCFTA), which officially launched on 1 January, is the largest trading agreement in the world since the [...]
Agritask data used by insurer in an example for Africa
Mapfre Colombia has selected the Agritask platform to empower its crop-insurance business with data-driven analytics and digital claim management tool [...]
Terrorists strike on both sides of continent
Terrorists have struck on both sides of Africa, impacting political and economic interests.
Insurers may anticipate a spike of interest in politica [...]
Movement launches to develop African agriculture in sustainable fashion
More than 100 European and African actors, including insurers and brokers, have signed a charter of commitment to the development of the agro-pastoral [...]
ARC launches new insurance product for tropical cyclones
African Risk Capacity (ARC) is proposing a new insurance mechanism for African countries in the southwest Indian Ocean (SWIO) region to cope with the [...]