Asset broker Startrader Financial Markets (Mauritius) has raised the aggregate limit of its client fund insurance, underwritten by Arch and other Lloyd's of London syndicates, from $1m to $30m, effective 1 October 2026.
Santam Syndicate 1918, part of Santam Group, Africa's largest non-life insurer, has appointed Ms Hina Shavdia as COO.
Sierra Leone-headquartered WAICA Reinsurance Corporation's (WAICA Re) operating performance is strong, with the company reporting robust return-on-equity ratios in recent years that have significantly exceeded the benchmark interest rates in the markets where the reinsurer operates, says AM Best.
Turaco, a micro-insurance provider in Africa, has received an investment from Inclusive Insurance Investment Fund (3IF Ventures). This represents the venture capital fund's first investment, the details of which have not been disclosed.
The CDRFI (Climate and Disaster Risk Finance and Insurance) Africa Forum have called for a regional risk pool to strengthen financial protection for public assets and critical infrastructure against climate and disaster risks.
Prudential plc has announced the appointment of Mr Naveed Irshad as Regional CEO Africa, effective 26 October 2026.
Qatar Insurance (QIC), the leading insurer in Qatar and one of the largest across the Middle East and North Africa (MENA), has strengthened its partnership with Africa Specialty Risks (ASR) by investing in the latter.
Insurance regulators from six East African countries have agreed to standardise the supervision of insurance companies, to increase the harmonisation of their insurance markets.
ZEP-RE (PTA Reinsurance Company) and African Export-Import Bank (Afreximbank) have signed a Memorandum of Understanding (MoU) to build professional and institutional capacity in trade, insurance, reinsurance, risk management and trade facilitation across Africa.
IDRIMA, the Integrated Disaster Risk Management Alliance formed by the Insurance Development Forum (IDF) and AFD Group (Agence Française de Développement and Expertise France - AFD), has proposed parametric insurance as a tested and yet-to-be-scaled solution for protecting hydro-dependent utility revenues.