Tag: Feature
Munich Re confident of reinsurance growth as market heads to Monte Carlo
As reinsurers head to Monte Carlo for the annual rendezvous, Munich Re predicted that following pronounced growth in recent years, the global reinsura [...]
Sanlam untroubled by changes to South African pension system
South Africa’s biggest life insurer, Sanlam, expects a modest outflow from retirement funds in the short term as clients are allowed to withdraw savin [...]
Financial innovation needed to help Africa adapt to climate change, warns UN
The impact of global warming is costing African nations up to 5% of their economic output, the UN climate chief has warned.
According to Reuters, S [...]
UN leader calls for African debt relief, saying the continent’s finances are unsustainable
African countries’ inadequate access to debt relief and scarce resources is a recipe for social unrest, United Nations Secretary-General Antonio G [...]
Real-time travel assistance upgrade as Blink moves into Africa
Irish Insurtech Blink Parametric and Mawdy are extending their real-time travel assistance insurtech to the network of ceding insurers reinsured by MA [...]
How can insurers look to close the protection gap?
As talk turns to market equilibrium and stable rates, how can insurers continue to respond to customer demand while covering their cost of capital and [...]
Reimagining insurance with a comprehensive approach to gen AI
Despite forging ahead with generative AI (gen AI) use cases and capabilities, many insurance companies are finding themselves stuck in the pilot phase [...]
African banks aiming to boost infrastructure lending
In what could be a boost to infrastructure lending across the continent, two of Africa’s leading banks have announced new deals.
The news comes aft [...]
South Africa general insurance industry to surpass $11-billion in 2028, forecasts GlobalData
The South African general insurance industry is set to grow at a compound annual growth rate (CAGR) of 5.8% from ZAR181.5-billion (US$9.8-billion) in [...]
South African risk management organisation highlights critical risks impacting Africa
As Africa continues to emerge as a dynamic and promising investment destination, the need for robust economic growth and development remains paramount [...]