Johannesburg-headquartered Risk Capacity (ARC) has unveiled its ARC Retakaful Waqf Facility (ARC ReTak), a non-profit, Shariah-compliant initiative expanding climate protection to underserved communities across Africa.
Marsh McLennan has appointed Mr Andrea Bono as CEO of Middle East and Africa, effective January 2026.
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.