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.
Africa Specialty Risks (ASR) has appointed Mr Phillip Murphy as medical malpractice senior underwriter. In his new role, he will be responsible for broadening the medical malpractice underwriting line, which is currently offered within a suite of liability solutions.
Several players in the insurance ecosystem are working on improving the regulation of microinsurance in the CIMA (Inter-African Conference on Insurance Markets) zone to establish a more favourable framework conducive to the development of an inclusive insurance market.
The ZimRe Holdings Group (ZHL Group) achieved a profit after tax of $9.33m in the first six months of this year, a 37% increase from $6.82m in the corresponding half in 2024, according to the group's unaudited interim consolidated financial statements.
The Central Bank of South Sudan (BOSS) has issued a circular that places all insurance companies and related institutions under its sole regulatory authority, with effect from 8 September 2025.