All Africa articles
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NewsPositive pricing dynamics benefit MENA and SSA reinsurers – AM Best
Two reports from rating agency AM Best give an upbeat summary of the market environment for reinsurers in the regions of Middle East and North Africa (MENA), and Sub-Saharan Africa (SSA).
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NewsASR launches first Africa-focused Lloyd’s syndicate
Africa Specialty Risks Syndicate 2454 will focus on African risks, which currently make up only 2% of the Lloyd’s market.
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NewsChedid Capital buys remaining 20% stake in Groupe Ascoma
The Middle Eastern re/insurance broker moves to further cement its position in Africa’s insurance market.
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NewsAfrica Specialty Risks launches at Lloyd’s with Apollo
ASR Syndicate 2454 aims to begin underwriting in March 2024, and will focus on underwriting business across Africa, which represents around 2% of Lloyd’s business globally.
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NewsAM Best publishes reports on MENA and Sub-Saharan African reinsurers
The rating agency reports that reinsurers across MENA and Sub-Saharan Africa report topline growth, despite persistent or heightened economic challenges.
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NewsDjibouti signs five-year disaster risk financing deal with ARC
Deal to protect climate-vulnerable communities in the Horn of Africa covers drought and excess rainfall
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NewsAfrica Specialty Risks approved as a Lloyd’s coverholder
ASR will begin by offering Political Violence and Terorrism cover across 47 African countries
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NewsClimate change ‘most pressing issue’ for African insurers - CEO survey
Financial risks are topping the list of challenges facing the 54 African economies in the year ahead
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NewsJBA and Reinsurance Solutions join forces to support African insurers for flood risk management
Nikki Pilgrim, Technical Director at JBA, explains: “The launch last year of our global flood modelling capability, driven by JBA’s FLY Technology, was a breakthrough opportunity that has allowed JBA and our clients to fill geographic gaps in traditional modelling.
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NewsRokstone receives cover holder licence to underwrite in Africa
Rokstone, the international speciality (re)insurance MGA, part of Aventum Group, has announced it has secured an Insurance Agent Licence from the Financial Services Commission in Mauritius (FSC) and is now fully authorised to underwrite business directly in Africa from its office in Mauritius. Brokers across Africa can now access world ...
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NewsTech investors eye Africa's education and financial sectors
Governments on the continent should instead be offering incentives for tech start-ups, Abass said, due to their potential to drive up traditional businesses like insurance.
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NewsSwiss Re Institute - Power up: insurance-backed investment to fuel sustainable growth in Africa
Insurance will be a key facilitator for investments in renewable energy technologies to meet Africa’s power needs and kick-start growth after this year’s recession.
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NewsJubilee Insurance and Allianz forge strategic partnership
Jubilee Holdings , East Africa’s largest insurance group, and Allianz, one of the world’s leading insurers and asset managers, have signed an agreement to establish a strategic partnership in the five African countries where Jubilee Insurance currently operates. The partnership covers the general insurance business (also known as the ...
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NewsFintech Baloon raises 1.8 million euros to accelerate its deployment in Africa
Baloon, leader in digital brokerage in French-speaking Africa, today announces a new round of funding of 1.8 million euros with its historical investors to support its development in the 3 new countries where it has launched. Created in 2017, Baloon develops personal insurance in French-speaking Africa through digital. By surfing ...
