30-10-2014 23:52:00 | by: Administrator | hits: 33350525 | Tags:

Santam acquires MTN South Africa device insurance book
23-03-2023 | 08:12:00
Santam, South Africa’s leading short-term insurer, has entered into an alliance with MTN South Africa, that will see the company purchase the mobile telecommunication firm’s device insurance book.
[Uganda] Insurtech startup Turaco and Airtel Money launch low-cost hospital cash insurance product
23-03-2023 | 06:27:00
Turaco, the Kenyan insurtech startup has partnered with Airtel Mobile and Prudential Assurance to launch a low-cost hospital cash insurance product with Funeral Benefit.
[Nigeria Business Week] Andrea Ayemoba: Local fintech spreads to East Africa, oil and gas find major milestone
14-03-2023 | 14:56:47
Nigeria, like other countries of the world, is going through some economically turbulent times. Inflation is on the rise (recently pegged at 21.9%) and local startups are directly impacted by financial crises on the other side of the world.
[East Africa Business Week] Bob Koigi: Banking on innovations, partnerships to grow financial services sector
14-03-2023 | 14:56:39
These developments have led to improved services and a robust sector that is shaping the region’s financial services industry dynamics.
[East Africa Business Week] Bob Koigi: South Sudan remains a strategic player in the region’s petroleum industry
14-03-2023 | 14:56:17
Owing to its strategic position at the heart of a wider Nile Basin-East Africa hydrocarbons-rich area, South Sudan is emerging as the hub for petroleum industry services and exploration in the region.
[Nigeria Business Week] Andrea Ayemoba: Banks rally behind women-led SMEs
14-03-2023 | 14:56:13
The NNPC has an approximated value of 50 trillion naira. With oil and gas infrastructure in Nigeria constantly plagued by mischief and vandalism, an ECOWAS expert has profferred a very interesting solution to this persisting problem
[Nigeria Business Week] Andrea Ayemoba: Telecoms slide into banking, Central Bank ups interest rates
14-03-2023 | 14:56:12
The last few days have shown us developments and setbacks, statistics that show growth on the one hand and room for improvement on the other.
[Nigeria Business Week] Andrea Ayemoba: Clean energy gets funding amid inflation and trade deficits
14-03-2023 | 14:56:11
Oil and Gas has been a pillar supporting the Nigerian economy for a very long time. Rich in this natural resource, Nigeria may be guilty of neglecting other promising sectors, like Agriculture and even Insurance.
[Nigeria Business Week] Andrea Ayemoba: Government, Central Bank turn focus to the startup movement
14-03-2023 | 14:55:53
There’s an ongoing comparison in Nigeria's status quo that is causing some rift – the national statistics and reports are showing a promising and stable economy, but the situation on-ground reflects a different reality.
[Nigeria Business Week] Andrea Ayemoba: Nigeria sets course to unify industry benefits, lead Africa's 5G
14-03-2023 | 14:55:46
Following a turbulent year of stock market fluctuations, restrictions related to an ongoing pandemic and varying economic instabilities, predictions on Nigeria’s performance last year ranged from inferior to mediocre to excellent.
[Nigeria Business Week] Andrea Ayemoba: Come dry season, food production and supply chain gain emphasis
14-03-2023 | 14:55:43
As we have established time and again, fertile lands and an able, skilled workforce are a vital combination for a thriving agricultural sector.
[Column] Mthokozisi Maphumulo: Business insurance policies to rescue business amid the recent unrest and looting in South Africa
14-03-2023 | 14:55:32
The recent events of unrest and looting of shops in South Africa, particularly in KZN and Gauteng have certainly been worrying for business owners.
[Column] Kumar Utpal: What is needed to streamline South Africa healthcare
14-03-2023 | 14:54:58
Most people have heard stories about inefficiencies, unexpected costs or redundant re-testing while visiting medical facilities across the globe. I have a few, such as having to re-run tests because my regular specialist couldn't be reached.
[Column] Travys Wilkins: Is this the insurance industry’s new normal?
14-03-2023 | 14:54:56
When government first announced a national lockdown back in March, countless businesses were left scrambling to make working from home, work.
[Interview] Adan Abbey, President, Horn of Africa Insurance, Somalia
14-03-2023 | 14:54:08
Adan Abbey is the President of Horn of Africa Insurance that serves the Somaliland and Somalia market.
[Nigeria Business Week] Industries partner to reach common goals
14-03-2023 | 14:53:42
The sectors are revving up to keep up momentum as the 2019 opens new doors for Nigeria’s stride toward economic balance.
[Nigeria Business Week] Calling for free-trade, efficient energy
14-03-2023 | 14:53:24
The possibility of free trade within Africa is an ongoing one, to which several African countries have pledged their support and signed their agreements. Though Nigeria has shown caution in joining The Agreement, its one champion is Aliko Dangote, Nigerian industrialist and wealthiest African.
[South Africa Business Week] JSE grows listing portfolio
14-03-2023 | 14:53:23
This week, the ever aggressive South African business world has seen two major companies, Vivo energy and Naspers all set to list on Johannesburg Stock Exchange (JSE).
[South Africa Business Week] Monash South Africa is now AdvTech owned
14-03-2023 | 14:53:21
ADvTECH has announced the acquisition of Monash South Africa (MSA), a leading South African private tertiary education institution with students from more than 50 countries.
[Nigeria Business Week] Towards self-dependence, reduced importation
14-03-2023 | 14:53:11
As industries grow, so does the job market, consumer satisfation and investor confidence. Nigeria is gaining a reputation as fertile ground for both business expansion and takeoff point for startups.
[Nigeria Business Week] Ensuring co-operation and diligence in trade
14-03-2023 | 14:53:09
There is no shortage of opinions with regards to what needs to be done to improve economies of Africa. Experts from diverse fields advocate for different solutions, some tailored to fit their field interests, others seeming to stem from a place of general betterment.
[Kenya Business Week] Towards affordable housing
14-03-2023 | 14:53:09
As Kenya aims for mid- level economic status it has set targets it hopes will propel it to this dream.
[Nigeria Business Week] Collaborations birth opportunities
14-03-2023 | 14:53:01
The forming and maintaining of strategic, mutually beneficial partnerships is pertinent to the development of any economy, especially a growing one like Nigeria.
[Kenya Business Week] Towards sustainable businesses, public private partnerships and courts to the rescue
14-03-2023 | 14:52:55
Kenya’s business landscape has this week continued to register mixed fortunes with key sectors, including banking, agribusiness, horticulture and insurance featuring prominently.
[Column] Christian Mahncke: South Africa continues to tippy-toe into the cloud
14-03-2023 | 14:52:46
Research shows that 93% of South African companies are developing a cloud strategy, and are either in the implementation stage, or in the planning stage, of their cloud journey.
[Column] Ashok Shah: Digital trends driving insurance in Africa
14-03-2023 | 14:52:45
The past few months have seen digital becoming more integrated with industry sectors across Africa. But it is the data-rich environment of insurance that has especially benefitted from this with several trends emerging that impact on the effectiveness of its delivery in the continent.
[Column] Ashok Shah: Capitalising on new insurance opportunities in East Africa
14-03-2023 | 14:52:29
Consolidation is taking place in the East African insurance market due to rising capital requirements and mergers with international firms that want to gain a foothold in the region. Ashok Shah, Group CEO of APA Apollo examines the opportunities this brings.
The Caisse des Dépôts et Consignations de Côte d’Ivoire (CDC-CI) entre dans le capital de Comoé Capital
06-03-2023 | 12:28:00
Comoé Capital et la Caisse des Dépôts et Consignations de Côte d’Ivoire (CDC-CI) ont annoncé un premier partenariat, marqué par la prise de participation de la CDC-CI au sein du fonds d’investissement.
Africa Specialty Risks approved as a Lloyd’s Coverholder
27-02-2023 | 09:29:00
Africa Specialty Risks, the pan-African focused reinsurance group, has been approved as a coverholder at Lloyd’s, the world’s leading specialist insurance and reinsurance market.
[Kenya] Insurtech startup Lami joins forces with Unchorlight to provide insurance covers for Boda Boda riders
16-02-2023 | 14:53:00
Digital insurance provider Lami Technologies is partnering with Unchorlight Kenya (UNK), to provide boda boda riders in the country with access to suitable and reliable insurance covers.
Naked raises $17 million Series B round to expand digital insurance in Africa
16-02-2023 | 11:18:00
To help increase access to quality insurance products and services in South Africa, IFC, the DEG, Hollard, and Yellowwoods jointly announced an investment in South African insurtech company Naked to expand access to vehicle, home, and other insurance products.
[South Africa] IFC leads a $17m investement in insurtech startup Naked
16-02-2023 | 06:24:00
Naked the South African artificial intelligence (AI)-driven insurtech company has raised $17 million (about R290 million) in Series B Funding.
Curacel secures $3 million seed funding to power new insurance experiences and expand into North Africa
15-02-2023 | 15:55:00
Curacel, Africa’s leading insurance infrastructure provider, has raised $3 million in seed funding to roll out new technology solutions designed to power the next generation of insurance experiences in Africa.
[Kenya] mTek and partners to provider insurance to 100k small-scale corner shops
26-01-2023 | 07:58:00
Digital insurance platform mTek has partnered with Kyosk.app and Fin Africa to provide insurance covers to over 100,000 small-scale corner shops commonly known as dukas.
Sanlam Private Equity to acquire SkipWaste
23-01-2023 | 11:58:11
Sanlam Private Equity has announced the acquisition of controlling interest in integrated waste management company, SkipWaste.
IMS Boda Boda and Lami Technologies partner to digitize access to coverage
16-01-2023 | 09:31:20
Boda Boda riders to benefit from affordable insurance as IMS Boda Boda and Lami Technologies partner to digitize access to coverage.
Why Does Your Business Need Commercial Auto Insurance?
20-12-2022 | 08:15:00
If you are a business owner, small or large, the importance of having auto insurance should be paramount.
Kereis et Sopra Steria accompagnent la fintech Particeep dans une nouvelle étape de son développement
19-12-2022 | 09:16:00
Kereis prend une participation majoritaire dans Particeep, Fintech et Assurtech créée en 2013 qui propose aux banques, aux assureurs et aux courtiers en assurance des solutions digitales clés en main pour distribuer en ligne des produits financiers, d’assurance et d’épargne.
Planet collaborate with ZEP-RE on drought insurance programme in Africa
15-12-2022 | 06:32:29
ZEP-RE aims to leverage PlanetScope 3-5 meter resolution imagery through Planet’s analysis-ready, Surface Reflectance Basemaps products.
AFC diversifie son actionnariat avec des participations de la Côte d'Ivoire, de l'île Maurice et d'AfricaRe
12-12-2022 | 15:32:00
Africa Finance Corporation (AFC) a annoncé une augmentation de son capital social suite à une injection de capitaux combinée de 38 millions de dollars américains de la part du gouvernement de la Côte d'Ivoire, par l'intermédiaire du ministère de l'Économie et des Finances, du gouvernement de Maurice, via le National Pension Fund (NPF) et le National Savings Fund (NSF), et de la Société Africaine de réassurance (AfricaRe).
[Kenya] Britam partners with digital insurance platform mTek to provide MSMEs affordable business cover
08-12-2022 | 06:23:00
Additionally, the cover protects the MSMEs against loss of income in the event of fire or hospitalization and also protects the owner against the risks of death or disability caused by an accident.
Swiss Re Foundation announces $500 000 grant for Africa’s Insurance sector
06-12-2022 | 08:59:33
The funding, to be distributed through the FSD Africa's supported BimaLab insurance accelerator programme, will unlock and accelerate the transformation of Africa's insurance sector through innovative offerings for the sector's unique landscape.
Kenyan farmers turn to picture-based insurance to tackle weather changes
11-11-2022 | 14:15:00
Insurance can help cushion smallholder farmers from crop and financial losses that occur as a result of climate change, yet many are reluctant to invest in such schemes. But why?
African insurers take up climate change fight with $14 billion pledge
11-11-2022 | 08:28:00
A group of over 85 insurers in Africa have pledged to create a financing facility to provide $14 billion of cover to help the continent’s most vulnerable communities deal with climate disaster risks such as floods and droughts.
Sanlam to acquire controlling shareholding in AfroCentric Group
03-11-2022 | 12:46:13
Sanlam has announced today that it has submitted an offer letter to the board of AfroCentric Investment Corporation Limited (AfroCentric), expressing Sanlam’s firm intention to acquire AfroCentric shares that would result in Sanlam acquiring a controlling shareholding in AfroCentric.
Sanlam and MTN Group’s InsurTech alliance kicks off as transaction is approved
02-11-2022 | 10:09:00
Sanlam and MTN Group announced the strategic alliance to market and distribute insurance and investment products across Africa.
AfDB, UK and London Market Insurers enter new risk transfer partnership for climate action
21-10-2022 | 08:00:18
The Room to Run Sovereign transaction was structured with the intention of scaling up the African Development Bank Group’s commitments to climate finance by up to $2 billion and will go a long way in supporting African countries meet their Nationally Determined Contributions, or NDC’s.
[The Tech Vine] Wine tasting evening with Incentro and Google Cloud for Insurance and Fintech
18-10-2022 | 11:41:00
You’re invited to attend a free wine tasting evening event with Incentro and Google Cloud. Join us for an exclusive networking workshop centered around Solving for Innovation with Data for Insurance and Fintech.
Insurers increase blockchain adoption
11-10-2022 | 12:47:00
In the same way that blockchain technology has impacted other sectors of the traditional economy; the insurance sector could not be left out.
Prudential plc partners with Google Cloud to make healthcare and financial security accessible in Africa
11-10-2022 | 08:02:13
Under this alliance, Prudential will leverage Google Cloud's data analytics capabilities, secure and sustainable infrastructure, and the broader Google ecosystem, to accelerate its digital transformation.
Termination of agreement to acquire BillDesk by Naspers
10-10-2022 | 14:15:33
Naspers announced that an agreement had been reached between PayU Payments Private Limited (PayU), a subsidiary of Prosus N.V. (Prosus), and the shareholders of the Indian digital payments provider BillDesk to acquire BillDesk for US$4.7 billion.
ICIEC wins Best Multilateral Insurance Corporation Brand
10-10-2022 | 10:44:08
ICIEC honoured as Aawinner of a prestigious global brands awards 2022, named as best Multilateral Insurance Corporation Brand – Global
Global cyber insurance market to reach $20 billion by 2027, report
07-10-2022 | 09:34:19
With the growing adoption of cloud-based technology among companies, cyber-crime cases have increased significantly. Data breach cases have also increased consequently in the last few years.
[Kenya] Lipa Later Announces Insurance Partnership with Lami Technologies
06-10-2022 | 13:37:00
Buy now, pay later (BNPL) company Lipa Later today announced a partnership with Lami Technologies insurtech to offer its consumers access to reliable and affordable insurance against all products purchased using the Lipa Later platform.
[Kenya] APA Insurance launches motor cover with flexible payment plan
06-10-2022 | 08:21:14
The comprehensive car insurance payments are made over 12 months which allows clients to spread the cost over the course of a year.
GDP growth, international investment spurs expansion of sub-Saharan Africa’s reinsurance market, report
04-10-2022 | 08:03:24
Barriers to entry remain high in many African reinsurance markets and include protectionist local regulations and the presence of state-owned reinsurance companies or specialised state-sponsored pools.
Africa Co-Guarantee Platform partners reaffirm commitment to catalyzing trade and investment
29-09-2022 | 09:40:00
Amid rising urgency for instruments to de-risk investment across Africa, the Africa Co-Guarantee Platform’s (CGP) six partners have affirmed commitments to better leverage guarantee and insurance products, resulting in more trade and investment across Africa.
Non-banking financial services provider Sanlam launches in Nigeria
26-09-2022 | 10:24:00
Sanlam, Africa’s non-banking financial services provider, announced the launch of its brand in the Nigerian market, rebranding FBN Insurance to Sanlam Life Insurance Nigeria Limited.
[Kenya] Insurtech startup Pula appoints Michael Joseph as board chair
22-09-2022 | 07:24:00
Former Safaricom CEO Michael Joseph has been appointed as board chair of Kenya agricultural insurtech startup Pula.
[Kenya] AM Best affirms credit ratings of East Africa Reinsurance Company
21-09-2022 | 09:57:53
The ratings reflect EARe’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and marginal enterprise risk management.
Insurtech startup Turaco secures $10 million funding to drive insurance adoption
15-09-2022 | 10:50:00
Turaco, the insurtech driving mass market insurance adoption, has announced the close of a $10 million Series A equity round led by AfricInvest, via the Cathay Africinvest Innovation Fund, and existing investor, Novastar Ventures.
Old Mutual Insure acquires 100% stake in South Africa's Genric Insurance
12-09-2022 | 16:28:00
Old Mutual Insure announced a100% acquisition of Genric Insurance Company (Genric), a licensed non-life and specialist insurer focused on bringing innovative and niche insurance solutions to market.
Old Mutual Insure acquires specialist insurer Genric
08-09-2022 | 10:41:00
Old Mutual Insure announced the signing of a Share Purchase Agreement that will see Old MutualInsure acquire 100% of Genric Insurance Company Limited (Genric).
SCG-Ré accède au marché d’Afrique australe grâce à un partenariat avec Grand Re
11-08-2022 | 09:59:00
Société commerciale gabonaise de réassurance (SCG-Ré) et une société de réassurance du Botswana ont signé à Libreville un accord de partenariat technique et commercial.
South Africa's Old Mutual Insure selects Sapiens for complete data and analytics solution
10-08-2022 | 16:03:00
Sapiens International Corporation announced the deployment of Sapiens Intelligence by Old Mutual Insure (OMI), to provide an enterprise-wide consolidated view of the organization's data and support its reporting and analytics needs.
[Kenya] Insurtech startup Lami Technologies raises $3.7M
04-08-2022 | 06:53:00
Kenya-based insurtech startup Lami Technologies has raised a US$ 3.7m seed extension to expand its insurtech product across Africa.
Suzuki by CFAO partners with ETAP to enable seamless insurance for Nigerian drivers
25-07-2022 | 13:37:00
CFAO Motors, the sole distributor of Suzuki cars in Nigeria, has partnered with insurtech firm ETAP to enable seamless access to insurance with every new car purchased from the Suzuki network in Nigeria.
Macir Vie et Hi Europa nouent un partenariat pour étendre l’offre d’assurance entre l’Algérie et l’Europe
25-07-2022 | 11:50:00
Macir Vie et la plateforme d’assurance Hi Europa du groupe MAIF s’allient et signent un partenariat visant à accompagner les voyageurs à destination de la France et de l’Algérie
National Bank of Bahrain in partnership with Mastercard to enhance portfolio through new premium offerings
24-07-2022 | 20:20:56
The National Bank of Bahrain (NBB), and Mastercard have announced a strategic seven-year partnership to elevate their existing offerings and provide NBB’s customers a differentiated, digital-first experience with value-added benefits.
[Kenya] Jubilee Health Insurance, M-TIBA & Solution Sacco Launch Digital Health Cover
21-07-2022 | 13:27:00
The medical scheme will enable users to sign up and manage their health policies through M-TIBA’s mobile platform.
AXA Assurance Maroc lance son produit Sehassur
11-07-2022 | 12:10:46
AXA Maroc lance la 1ère assurance maladie individuelle complémentaire à l’AMO
SAS acquires Kamakura to propel risk technology innovation as financial sector braces for volatility
07-07-2022 | 07:26:00
In acquiring Kamakura, SAS aims to deliver an unparalleled suite of integrated risk solutions, particularly around asset liability management (ALM), and serve additional facets of the financial services industry.
Brokerslink expands global network with new affiliates from Africa
05-07-2022 | 13:33:47
Global broking business, Brokerslink, has expanded its global network in Africa with an addition of four new independent broking affiliates across the continent from Burkina Faso, Gabon, Sierra Leone and Niger.
Proven Consult Partners with Leading Insurance Firm in Africa to Provide Intelligent Business Automation
23-06-2022 | 08:23:43
Proven Consult, a leading automation technology firm, has partnered with a prominent insurance company headquartered in Nairobi, and operating in Kenya, Uganda, and Tanzania.
[Nigeria] NCDMB, NAICOM launch insurance services guideline for the oil and gas industry
21-06-2022 | 14:09:54
The Nigerian Content Development and Monitoring Board (NCDMB) and the National Insurance Commission (NAICOM) have signed insurance services guideline which will oblige the oil and gas industry to patronize the local insurance sector, thereby retain spend in the economy.
[Kenya] Insurtech startup mTek secures $3 million funding
20-06-2022 | 13:00:00
On the heels of a recent $1.50 million (KSh 170 million) investment, Kenyan insurtech startup mTek has secured an additional $3 million (KSh 340 million) investment.
Global travel insurance market to reach $119 billion by 2030, report
10-06-2022 | 13:00:00
The growth of the global travel insurance market is driven by factors such as rising tourism demands post the pandemic are boosting the growth of the travel insurance market.
South African fintech Hello Pay launches Business Solution package to support SMEs
09-06-2022 | 08:23:00
Pay has created a new turn-key suite of business solutions that will enable growth, save costs, and give users peace of mind that financial access is available to them when they need it.
[Column] Moses Kuria: Digital Insurance solutions key in increasing uptake
07-06-2022 | 13:39:00
Even as we continue to innovate and get closer to the customers we should never forget to constantly educate and create unlimited opportunities to spread insurance knowledge
Real-time fraud analytics increasingly important for insurers, SAS
23-05-2022 | 14:58:00
Given the rapid need to modernise and digitalise legacy insurance environments, insurance companies need to find innovative ways of retaining and growing their customer base.
MYFIG wins at Innolab Insuretech Accelerator Programme
09-05-2022 | 11:25:07
Figtech Limited has built an innovative Customer First Life Insurance APP (MYFIG) by integrating innovative technology with traditional methods within the sector.
Jubilee Insurance partners with Allianz to expand insurance markets across East Africa
09-05-2022 | 10:07:39
East Africa’s Jubilee Insurance and world's insurer and asset manager Allianz have signed an agreement to establish a strategic partnership in the five African countries where Jubilee Insurance currently operates.
Brokerslink launches international insurance platform to drive its business portfolio
09-05-2022 | 10:07:33
Global broking business Brokerslink has launched its dedicated iinternational insurance programme management platform to drive the continued growth and digitalisation of its international portfolio.
GCR places UAP Kenya’s national scale financial strength rating on Negative Rating Watch
09-05-2022 | 10:07:31
GCR Ratings (GCR) has affirmed UAP Insurance (UAP Kenya) national scale financial strength rating of A+(KE), with the rating placed on Negative Rating Watch as property risks bring down group credit profile.
Allianz acquires controlling stakes in Kenya’s Jubilee Holdings subsidiaries
09-05-2022 | 10:07:22
Jubilee Holdings (Jubilee Insurance), East Africa’s insurance group, and Allianz, world's insurers and asset managers, signed an agreement to establish a strategic partnership in the five African countries where Jubilee Insurance currently operates.
Helios Investment launches African reinsurance business, ASR
09-05-2022 | 10:07:11
Helios Investment Partners announced the launch of Africa Specialty Risk Group in partnership with Mikir Shah, former CEO of AXA Africa Specialty Risks, and Bryan Howett, former CEO of Old Mutual’s pan-African reinsurance operations.
African Development Bank extends $2.1m for rollout of Disaster Risk Financing in Mauritania
09-05-2022 | 10:07:09
The African Development Bank approved a grant of $2.1 million to boost the country’s resilience against climate related shocks and food insecurity.
Continental Reinsurance announces 100% ownership of its Botswana subsidiary
09-05-2022 | 10:07:02
Pan-African reinsurer, Continental Reinsurance announced a change in the ownership structure of Continental Reinsurance Botswana, after its recent acquisition of a minority 40% stake in the company.
Adeolu Adewumi-Zer appointed MD/CEO of Allianz Nigeria
09-05-2022 | 10:06:53
Adeolu Adewumi-Zer, currently the Regional Head of Mergers, Acquisitions and Transformation for Allianz Africa, has been nominated as the MD/CEO of Allianz Nigeria.
Sanlam Kenya fine tunes business strategy to facilitate growth
09-05-2022 | 10:06:50
Listed non-bank financial service provider Sanlam Kenya has announced the commencement of a strategic business recovery strategy following the release of its half year trading results.
AM Best affirms credit ratings of gig Insurance Egypt
09-05-2022 | 10:06:49
Global credit rating agency AM Best has affirmed the Financial Strength Rating of B++, Good, and the Long-Term Issuer Credit Rating of “bbb+” of gig Insurance - Egypt S.A.E.
IFC, Leadway Vie partner to expand access to life insurance to women in Côte d’Ivoire
09-05-2022 | 10:06:32
IFC, a member of the World Bank Group, and insurance company Leadway Vie Côte d'Ivoire announced a partnership to increase access to life insurance for women in Côte d'Ivoire and create jobs for women as insurance brokers in the country.
AM Best affirms credit ratings of Ghana Reinsurance Company
09-05-2022 | 10:06:17
AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb” of Ghana Reinsurance Company Limited (Ghana Re).
The African Risk Capacity Group launches Africa’s first tropical cyclone risk insurance product
09-05-2022 | 10:06:13
The African Risk Capacity (ARC) Group is proposing a new insurance mechanism to African countries in the South West Indian Ocean (SWIO) region to cope with the devastating effects of the tropical cyclones.
[Nigeria] AM Best affirms credit ratings of Continental Reinsurance
09-05-2022 | 10:06:03
Global credit rating agency AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Continental Reinsurance Plc Nigeria.
Standard Insurance limited becomes latest African firm to select Moody’s analytics ifrs 17 solution
09-05-2022 | 10:06:00
Moody’s Analytics has announced that Standard Insurance Limited, the insurance arm of Johannesburg-based Standard Bank Group and one of South Africa’s insurance providers, has selected the Moody’s Analytics RiskIntegrity™ for IFRS 17 solution.
[Africa Tech Review] Nixon Kanali: Data security and privacy laws develop across Africa
05-05-2022 | 15:44:00
This week, lawyers across Africa commented on the continent’s urgent need for data privacy and security laws among other top stories of the week.
Sanlam and Allianz join forces to create African insurance giant
05-05-2022 | 09:30:11
Sanlam and Allianz have agreed to combine their current and future operations across Africa to create the largest Pan-African non-banking financial services entity on the continent.
[Kenya] Power and Turaco partner to provide affordable insurance for gig workers across Africa
05-05-2022 | 07:06:00
Fintech startup Power Financial Wellness has joined forces with insurtech firm Turaco to offer affordable health insurance products to its customers.
[Nigeria] Insurtech startup ETAP secures $1.5 million pre-seed funding to drive car insurance penetration in Africa
25-04-2022 | 15:47:00
ETAP, an insurtech startup that makes it easier to buy and claim insurance, has secured $1.5 million in pre-seed funding to grow its team and drive the adoption of much-needed car insurance across Africa.