The Senegalese Federation of Insurance Companies (FSSA) has said that it needs to strengthen its participation in covering projects in the extractive sector, as oil, gas and mining have become one of its main growth opportunities.
In May 2026, successive low-pressure systems brought destructive flooding, landslides and damaging winds to large parts of South Africa, and caused fatalities, widespread damage to buildings and major infrastructure disruption across long stretches of coastline and interior provinces.
The House of Representatives passed a landmark Bill last month to establish an independent insurance commission for Liberia, a move aimed at strengthening regulatory oversight and accelerating the growth and development of the country's insurance sector.
The National Insurance Commission (NAICOM) of Nigeria and Ghana's National Insurance Commission (NIC) have...
Cameroon-headquartered pan-African group SAAR Assurance has finalised a majority stake acquisition in...
The incoming Chairman of the Nigerian Insurers Association (NIA), Mrs Ebelechukwu Nwachukwu, has unveiled a strategic blueprint anchored on...
Life insurance members of the Association for Savings and Investment South Africa (ASISA) settled 94.1% of death claims under individual life, credit...
The Senate's Commission for Research, Science, Technology and the Environment (CRSTE) has approved a draft Bill to amend the Construction and...
The Board of Directors of BNA Assurances has appointed Mr Mourad Hammami as CEO, effective 1 July 2026.
A 149% spike in Gabon's projected insurance spending in the supplementary Budget has sent a strong signal to sovereign risk managers and the wider...
Members of the Federation of African National Insurance Companies (FANAF) plan to adopt the "Pan-African Pact for Insurance Inclusion", a reference...
Dr Grace Muradzikwa, head of the the Insurance and Pensions Commission (IPEC), has outlined a regulatory agenda centred on innovation, data-driven...
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEI) has announced its contribution to the construction of the Akii Bua...
The National Insurance Commission (NAICOM) has announced that it had granted a Partnering InsurTech licence to NETAPPS, a start-up, reinforcing the...
The insurance sector awaits with great anticipation the outcome of the industry recapitalisation exercise, with less than a fortnight to go before...
Tunisia's three-day strike, involving economic segments including that of insurance, is due to end today.
The Board of SanlamAllianz has appointed Mr Hennie Nel as the next CEO of SanlamAllianz, effective 1 September 2026.
The size of the insurance market in Central Africa is about $1.1bn, with a penetration rate of no more than 0.7%, indicating the enormous potential...
Shareholders of Nairobi-headquartered Equity Group Holdings have approved an insurance expansion into Kenya and the Democratic Republic of Congo, at...
The Federation of African National Insurance Companies (FANAF) has adopted the Pan-African Pact for Insurance Inclusion, which includes the "Cotonou...
Treasury Cabinet Secretary John Mbadi has announced that the Government has initiated amendments to the Insurance Act to establish agricultural...
South African life and non-life insurers continue to navigate a challenging macroeconomic environment, says S&P Global Ratings (S&P).
The turnover of the Senegalese insurance market rose to a record FCFA311bn ($541m) in 2025, compared to FCFA249bn in 2022, according to the President...
Tamini General Insurance, Uganda's first licensed takaful operator and a member of the Al Salaam Africa Group, has received Shariah certification...
Sanlam Emerging Markets (Mauritius) (SEMM), part of Sanlam Group of South Africa, has received approval to acquire a stake in Shriram Life Insurance...
Nigeria's insurance regulator, the National Insurance Commission (NAICOM), has turned over the operations of African Alliance Insurance to a new...
Private equity firm, Adenia Partners, has acquired a majority stake in Minet Group, one of Africa's largest independent insurance brokerage and risk...
A Bill now being discussed by the Senate, when passed, will require all vehicles in Kenya to undergo an annual emissions test and certificates issued...
Nearly 70% of South Africans associate generational debt with passing financial burdens on to future generations, while almost two-thirds believe...
The Insurance Training College (ITC) has signed an MoU with Service Cops to establish the ITC-Service Cops Innovation Hub, a five-year initiative...
Munich Re has announced the retirement of Mr Daniel Cossette, who has decided to conclude his tenure after 19 years. He is succeeded by Mr Gavin...