Kenya’s Britam Seeks More African Expansion After Imminent Congo Entry August 29, 2025 By Eric Ombok Kenya’s biggest publicly traded insurer by market value is planning expansion in African nations with low insurance penetration to augment...
Zimbabwe Gets $32 Million in Drought Insurance From Agency of African Union July 5, 2024 By Godfrey Marawanyika Zimbabwe received $31.8 million from African Risk Capacity, an arm of the African Union, as part of an insurance payout...
Zimbabwe to Get Over Half of $60 Million Payout for El Niño-Hit African Nations May 20, 2024 By Ray Ndlovu Zimbabwe will get over half of an expected $60 million insurance pay out meant for four African nations as it...
El Niño Sees African Union Insurance Agency Pay Out $60 Million May 7, 2024 By Antony Sguazzin The African Union’s climate insurance agency will pay out at least $60 million to four southern African nations to help...
Africa Specialty Risks Launches ASR Syndicate 2454 at Lloyd’s April 29, 2024 Africa Specialty Risks (ASR), the pan-African focused re/insurance group, has launched ASR Syndicate 2454 focused on underwriting business across Africa....
African Insurers Pledge $14 Billion of Cover for Climate Disaster Risks November 9, 2022 By Virginia Furness and Simon Jessop A group of over 85 insurers in Africa has pledged to create a financing facility to provide $14 billion of...
African Insurers and Banks Form Alliance to Tackle Biodiversity Crisis June 10, 2022 By Natasha White Many of Africa’s biggest banks and insurers have joined forces to tackle the continent’s biodiversity crisis while at the same...
World’s Biggest Re/Insurers Expanding in Africa, but Climate Change Could Hit Profits June 10, 2022 By Emma Rumney The world’s biggest insurers are expanding in Africa, looking to tap growth promised by a rising population and middle class,...
Mauritius’ Biggest Insurer Seeks to Expand Market Share in East Africa June 7, 2022 By Antony Sguazzin and Kamlesh Bhuckory Mauritius’s biggest insurer, having won a $10 million investment from France’s Proparco this month, is aiming for a 10% market...
Allianz Buys Majority Stake in Jubilee General Insurance Co. of Tanzania May 19, 2022 Allianz has acquired a 51% stake in Jubilee General Insurance Co. of Tanzania Ltd. from Jubilee Holdings Ltd. (JHL) and...