Tag: Feature
WEF marks out several African countries for resilience and sustainability impacts on economies
Several African economies feature highly in a new World Economic Forum (WEF) report offering a re-evaluation of global economic growth, introducing a [...]
East Africa set to be Africa’s powerhouse, suggests Stears
Stears, an economic analysis and data-driven insights provider, has unveiled its 2024 African Outlook Report, in which it found that in 2024, Africa's [...]
African CEOs lagging behind on AI adoption, as staff crime increases
Generative AI (GenAI) exploded into the public consciousness in 2023, promising to transform the way business functions. Despite the potential, howeve [...]
Bakary Kamara, vice chair of Africa Re, dies at 75
Bakary Kamara, a prominent figure in the African insurance industry, has passed away on 12 January 2024 at the age of 75.
After studying in Maurita [...]
Global reinsurance industry looking strong for 2024, says AM Best
The global reinsurance industry demonstrated a significant recovery of prior-year capital losses in 2023, driven by strong technical results, unrealiz [...]
Insured losses fall as cost of natural disasters remains the same, reports Munich Re
Worldwide, natural disasters in 2023 resulted in losses of around US$ 250bn (previous year US$ 250bn), with insured losses of US$ 95bn (previous year [...]
Reinsurance renewals much calmer on January 1, reports Aon
In contrast to 12 months earlier, the key reinsurance renewal period of January 1 proceeded ‘relatively smoothly’, as a rebound in profitability and c [...]
ICEA Lion Group CEO elected as vice-chair to UN PSI board
ICEA Lion Group CEO Philip Lopokoiyit has been officially elected as the vice-chair of the board of UN Environment Programme’s Principles for Sustaina [...]
Happy New Year to you all!
Happy New Year to all the readers of Africa Ahead!
Here's hoping that 2024 will be a happy, healthy and prosperous for you all. [...]
IAIS publishes paper on policyholder protection schemes
The International Association of Insurance Supervisors (IAIS) has published an issues paper on the roles and functioning of policyholder protection sc [...]