Private equity firm Verod Capital Management is set to buy all 100% of Law Union & Rock Insurance and recapitalise the insurer.
The executive committee of the African Insurance Organisation has postponed the 47th AIO Conference and Annual General Assembly, initially scheduled to be held in Lagos, Nigeria, from 31 May to 3 June, 2020.
A study conducted by the Automobile Association of South Africa has revealed that between 65% and 70% of the estimated 12m vehicles on South African roads are uninsured, and this percentage is growing annually.
Estimates are that on an annual basis, Africa loses over around $500m in premiums to the rest of the world,...
Botswana Insurance Holdings Limited (BHL), the country's largest diversified financial group, is boosting its...