Insurance
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Fraud forces Kenya central bank to audit banking supervision department
The Central Bank of Kenya (CBK) will overhaul its banking supervision division after two mid-tier commercial banks were put under…
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Eastern European insurance industry eyes expansion into Africa
Africa is attracting plenty of attention from eastern Eur-ope alongside the more traditional trading partners, not least because of similarities…
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Sub-Saharan Africa faces slowest growth since 2009
As the world takes a deep breath and waits to see what will happen with China’s economy, many pundits have…
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Hijackings and road fatalities a major drag on African economies
Africa has a terrible track record where road safety is concerned. According to the World Health Organisation (WHO) reporting in…
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Malawi–country focus
New capital requirements are needed to shake up the insurance industry. Steve Mbogo reports.
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Mauritius–country focus
Not the right time to relax against piracy, Safety top of list for food sector risk management, Risk management boost…
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Time to put risk management at the heart of climate change preparedness
Risk management will become increasingly important in managing the consequences of climate change. The United Nations Environment Programme Finance Initiative’s…
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Honest companies facing major threat from corruption
Thirty-four per cent of African businesses are reporting losing out on deals to corrupt competitors, according to a new report…
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Cyber risk no longer an emerging risk but here to stay, risk managers believe
Cybercrime needs to rise yet further up the risk management agenda if businesses are to cope with the threat, according…
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B+ with a stable outlook
Africa country ratings are in limbo despite solid economic growth, reports Gareth Stokes from Standard & Poor’s recent one day…
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Kenya insurers prefer government securities
Government securities in the form of treasury bills and bonds remained the favoured investment choice for Kenyan insurance companies in…
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Power to you
Power fuels economies in more ways than one but in Africa, in particular, it is driving much of the infrastructure…
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Zimbabwe remains near top of political risk territories in worldwide survey
Zimbabwe is among countries topping a list of 40 politically risky territories and destinations for foreign investment, according to data…
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Local flavour
The question of whether smaller regional reinsurers still have a part to play in a growing and increasingly global African…
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Moves to bring back insurance to Somalia
A new drive has been launched to re-establish a functioning insurance sector in Somalia.
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A mandate for Africa
Building know-how and sharing information will be the key to success of the African insurance markets, according to Swiss Re.…
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New technology could drive new risk management techniques
Accumulations of liability risk have the potential to send shockwaves through the insurance industry and are one of the most…
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Rating the risk
Liz Booth heard representatives from credit rating agency AM Best speak at the recent African Insurance Organisation Reinsurance Forum in…
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Allianz expands footprint in Africa
Allianz has taken a further step in its growth strategy in Africa, launching operations in Kenya and making it the…
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Back to basics
Putting risk management at the heart of every business may seem an obvious message, particularly when addressing risk managers.