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Africa
Namibian government asks for 2% levy to mitigate drought disaster risks
The Namibian government has asked all its citizens to pay a voluntary 2% levy to help fund the government’s emergency…
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Africa
Insurance leaders ready to embrace change
Insurance leaders are ready for technological change, according to the latest findings from PwC’s Annual Global CEO Survey. Globally, it…
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Africa
World Bank steps up agriculture spending across Africa
The World Bank has stepped up its spending in Africa, helping to build resilience in rural communities across the continent.…
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Africa
Services sector spurs Ethiopia growth
A strong performance in the services sector is helping Ethiopia continue strong economic growth, according to the World Bank. However,…
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Africa
Ebenezer Onyeagwu to head Zenith
Nigeria’s multinational financial service provider Zenith Bank, which includes Zenith Insurance, has announced the appointment of Ebenezer Onyeagwu as group…
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Africa
Ethiopia gets boost for renewable funding
The African Development Bank (AfDB) is to put almost $1m into renewable projects in Ethiopia. The Sustainable Energy Fund for…
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Africa
Glyphosate: a new toxic tort timebomb?
The global spotlight on glyphosate continues, following a third successive US court case finding that the world's most popular pesticide…
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Africa
ATI secures A3 IFS rating from Moody’s
The African Trade Insurance Agency (ATI) has secured an A3/stable insurance financial strength (IFS) rating from Moody’s, based on its…
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Africa
Risk managers watch as Ramaphosa wins in South Africa
Risk managers will be watching to see the political fallout after Cyril Ramaphosa and the incumbent African National Congress (ANC)…
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Africa
Anchor Insurance sees income improve 72%
Nigerian insurer Anchor Insurance Company has seen premium income rise to NGN3.5bn in 2018, from NGN2.2bn in 2017. Augustine Ebose,…
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Africa
New microinsurer for Nigeria
Nigeria’s National Insurance Commission has granted approval to Casava Microinsurance to operate as a state composite microinsurer. With this approval,…
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Africa
Financial crime compliance driving ESG scores
Environmental, social and governance (ESG) risk is highest for banks in Asia-Pacific emerging markets, followed by emerging markets in the…
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Africa
Drive to promote blue economy across Africa
African businesses are being challenged to wake up to the economic, social and environmental power of the ‘blue economy’. Momentum…
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Africa
Kenya’s medical insurers blame ill-equipped hospitals for losses
Medical insurance firms in Kenya are blaming the rising number of poorly equipped hospitals using unregistered staff, for increased claims…
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Africa
Egyptian insurance industry to develop sustainable insurance roadmap with UN Environment Programme
The Egyptian insurance industry has agreed a pioneering initiative to develop a national sustainable insurance strategy and action plan –…
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Africa
Afro-Asian Insurance Services hires Ahmad from GIC Re
Afro-Asian Insurance Services has appointed Zeeshan Ahmad as senior reinsurance officer. He joins from GIC Re Group, where he was…
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Africa
South Africa heads to the polls next week
South Africa’s ruling party, the African National Congress (ANC), is reported to be facing the loss of its overall majority…
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Africa
Nigerian risk managers warn consumers are trusting God not insurance
A group of risk managers in Lagos warned that too many people still do not trust insurers to provide the…
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Africa
Insurers must work to remain relevant as climate change rises up the agenda
Insurers could look back in history to find solutions to some of the challenges posed by climate change and the…
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Africa
Insurers could find opportunities in preparing for disasters
The protection gap has become a mantra in developing markets, but the conversation needs to be a broader conversation about…