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Africa
Insurance winners named at AIO
Yared Mola, of Nyala Insurance in Ethiopia, has been named CEO of the Year in the Africa Re Insurance Awards.…
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Africa
New leadership programme for Africa
Reinsurer Munich Re of Africa (MRoA) has launched an innovative leadership development programme for Africa. The move comes just as…
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Africa
Need to drive insurance into new African markets
Insurers have recognised the need to spread insurance into new African markets, delegates at the African Insurance Organisation (AIO) annual…
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Africa
Political impact tops risks for African firms for sixth year
A massive 91% of risk managers who completed Commercial Risk Africa’s Risk Frontiers Africa 2019 survey have put political risk…
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Africa
Insurers condemn Nigerian regulator move to raise capital requirements
Chief executives of insurance companies and shareholder groups have condemned Nigeria’s National Insurance Commission (NAICOM) for increasing the capital base…
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Africa
Gambia ratifies free trade agreement to take it over line
The Gambia has become the 22nd nation to ratify the African Continental Free Trade Area (AfCFTA), the number required for…
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Africa
Risk managers advised to check AML compliance
Risk managers in South Africa have been reminded to check their company anti-money laundering (AML) policies and make sure they…
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Africa
Is it really only June?
It’s only June but it feels like we have already had a year’s worth of 2019. The worst-ever year for…
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Africa
Access to foreign exchange continues to hamper African opportunities
Businesses in some of Sub Saharan Africa’s largest economies have been forced to close or reduce production as they struggle…
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Africa
Chubb launches Travel Smart
Chubb has launched the Chubb Travel Smart app for business travellers, to help manage risks for employees. The South Africa-based…
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Africa
Zimbabwe insurers call for public inquiry as policyholders struggle with inflation
Insurers in Zimbabwe have warned parliament that it needs to launch a new commission of inquiry to establish the value…
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Africa
South Africa: business as usual?
With political risk again being cited as the number one risk facing business across Africa, according to many risk managers,…
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Africa
Looking to the future
Across the world, the issue of sustainability and particularly of how to tackle climate change, has risen up the agenda…
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Africa
Kenya’s general insurance uptake drags on rising fraud, poor selling
Patrick Alushula takes a look at the state of Kenya’s insurance industry and finds some worrying signs. He discovers some…
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Africa
Spreading the value of insurance
According to the UN, there are some 500 million smallholder farmers in the world. In Africa around 80% of farmers…
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Africa
Africa’s insurance markets back in profit
After a couple of years of losses, Africa’s insurance markets have returned to a more stable environment. According to a…
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Africa
New insurer launches in South Africa to target lower-income consumers
African Rainbow Capital (ARC), an investment firm controlled by South African mining billionaire Patrice Motsepe, has partnered with Sanlam to…
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Africa
Poor Q1 figures raise spectre of ratings downgrades for SA
South Africa’s economic nosedive in the first quarter of 2019 has ended hopes that President Cyril Ramaphosa’s eight-month-old promises of…
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Africa
Accra flood risk to be managed
More than 2.5 million people and thousands of businesses in the Odaw River Basin of the Greater Accra Region (GAR)…
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Africa
Private companies asked for help in reducing social risks
By 2020, $3trn in annual economic value could be created by connecting data across institutional and geographic boundaries, according to…