Macroeconomic volatility and political transitions continue to reshape insurance demand and capital strategy across Africa, according to Kearney, a leading management consulting firm.
African insurance markets are undergoing a wave of regulatory modernisation, according to Kearney, a leading management consulting firm.
Ascoma Assureurs Conseils has appointed Mr Vincent Vandendael and Mr Ziad Younes as members of its board of directors.
Lagos-headquartered Africa Reinsurance Corporation (Africa Re), the leading pan-Africa reinsurer, has opened an office in Kinshasa in the Democratic Republic of Congo (DRC), according to news posted by the company on its LinkedIn account.
Nigeria's insurance regulator, the National Insurance Commission (NAICOM), has urged West African countries to strengthen financial instruments and deepen regional collaboration to address escalating climate change risks.
The West African Insurance Companies Association (WAICA), a regional association of insurance institutions in English-speaking West Africa, can help boost cooperation in the region, said Nigeria's Minister of State for Finance, Ms Doris Uzoka-Anite.
Africa Specialty Risks (ASR) has appointed Ms Elain Mason as head of claims. In her new role, she will have responsibility for claims across all of ASR's underwriting platforms in Bermuda, Mauritius, and at Lloyd's.
Aegist Specialty, a France-based MGA regulated by the ACPR, providing specialty underwriting across facultative and treaty, with a focus on Europe, Middle East and Africa, announced the appointment of Mr Samir Hemsi as CEO, effective October 2025. He will be based in Paris.
Mastercard has announced a strategic collaboration with InsurTech company Hillcroft (mTek) to launch embedded insurance solutions across East Africa.
The Competition Commission of the Common Market for Eastern and Southern Africa (COMESA) has published a notice of inquiry into the proposed acquisition of Egypt's Delta Insurance by Morocco's Wafa Assurance.