African insurance industry leaders have called for bold regulatory reforms and digital innovation to close the continent's insurance protection gap and unlock inclusive economic growth across the continent.
Data scarcity is a central constraint for Africa's insurance market development, according to the Africa Insurance Pulse 2026 , an annual flagship publication released by the African Insurance Organisation (AIO).
3IF Ventures (the Fund), the first impact venture capital fund dedicated to Africa's insurance start-up ecosystem, has announced the First Close of the Inclusive Insurance Investment Fund (3IF Ventures) at $12m.
Africa Specialty Risks (ASR), a developing markets-focused (re)insurance group, has entered into an agreement for a strategic investment by London-headquartered Vitruvian Partners, an international investment firm, which will be ASR's new lead investor.
The board of directors of the African Development Bank Group (AfDB Group), Africa's leading development finance institution, has approved a $125m equity investment in the African Trade and Investment Development Insurance (ATIDI), to help meet rising demand for trade and investment risk mitigation products in Africa.
Munich Re has announced that its cyber businesses in Africa and APAC will be led by Ms Johanna Roman. In her new role, effective 1 July 2026, she will lead the business in Australasia, Greater China and Africa.
The Guinean Professional Association of Insurers (APAC) has launched a campaign to digitise car insurance certificates. This is a major step forward in modernising the insurance sector in Guinea.
The African Reinsurance Corporation (Africa Re) has reported a profit of $16.0m in 1Q2026, compared to $25.6m in 1Q2025.
Sanlam, a leading pan-African financial services group focused on emerging markets, delivered a strong performance in the first quarter of 2026, supported by resilient client activity, strong growth in new business and very strong net inflows from clients.
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 Maistry as Chief Executive for Life and Health APAC and MEA.