East Africa
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Taking a new approach to insurance regulation
Creating innovation spaces and taking a new approach to how companies are regulated is all part of the agenda for…
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Kenyan risk managers set to help insurers collect cyber loss data
Risk managers in Kenya are set to launch a cyber risk loss data bank to help insurers understand the local…
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Businesses must innovate to be sustainable in changing world
Businesses need to do more to build resilience for the future and to adapt to a fast-changing world if they…
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Integrity key to building a resilient workforce
Employing people with integrity and enthusiasm is key to building a sustainable workforce, agreed risk managers and insurers. Speaking at…
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Nigerian regulator putting policyholders first
Nigeria’s National Insurance Commission (Naicom) has said that policyholders remain a key component of the insurance industry in Nigeria and…
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Linkage set to meet new Nigerian capital requirements
Shareholders of Linkage Assurance Plc have approved increasing the authorised share capital of the company from NGN7.5bn to NGN15bn, via…
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Global healthcare plan for Kenyan companies
Global customer benefits and loyalty company Collinson has launched Collinson SmartHealth International, in Nairobi, Kenya. The solution is delivered in…
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Second female president for Nigerian brokers council
Dr Bola Onigbogi, an insurance professional and broker for more than two decades, has been named as the 20th president…
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Digital era set to define Nigerian insurance market
The emerging digital era is set to define the Nigerian insurance market, according to a leading Nigerian insurance player. Speaking…
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Kenyan government closes consulting on major study of insurance buying
The Kenyan government has closed its call for public views on developing a national insurance policy to increase uptake of…
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Nigerian risk association launches joint certification with Chartered Institute of Stockbrokers
Nigeria’s Association of Enterprise Risk Management Professionals (AERMP) has signed a deal with the country’s Chartered Institute of Stockbrokers (CIS)…
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Nigerian risk association to hold risk awareness week
The Nigerian Association of Enterprise Risk Management Professionals (AERMP) is to hold its second annual Enterprise Risk Management & Compliance…
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23 Nigerian insurers still to meet regulatory recapitalisation requirements
Twenty-three insurers and reinsurers in Nigeria have more work to do to meet new recapitalisation requirements from the regulator. However,…
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Nigerian insurer launches online travel insurance
Saham Unitrust Insurance Nigeria is reported to have launched its travel insurance solution online. Working with Swan International Assistance, Saham…
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Taking the credit
Access to credit has been a major concern to African business for many years, so risk managers from across Nigeria…
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Kenya insurers halve underwriting loss to KSH1.26bn in Q2
Patrick Alushula reports on the 2019 half-year figures from the Kenyan insurance market, which provide some notes of optimism Kenyan…
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Kenyan insurers turn to innovations on the back of worst performance in 12 years
Patrick Alushula reports on the state of the Kenyan insurance markets and on efforts to drive profitability and a new…
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Nigerians launch campaign to stop motor fraud
The Nigerian Insurers Association (NIA) has launched a campaign, known as ‘Wetin U Carry’, to ensure that motorists in Nigeria…
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Olea Insurance Solutions strengthens hold in Kenya and adds commercial director
Paris-based Africa-focused brokerage firm, Olea Insurance Solutions, now has a footing in the east African market with the purchase of…
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Babatunde Fajemirokun promoted to MD at AIICO
Nigerian insurer AIICO Insurance has appointed Babatunde Fajemirokun as managing director/chief executive officer. Mr Fajemirokun replaces Edwin Igbiti, who retired…