Independent brokerage CGRE has launched its aviation (re)insurance practice in Africa.
The Federation of African National Insurance Companies (FANAF) kicked off its 50th General Assembly on 9 February with a call to insurers to play a more active role in addressing emerging risks.
CGRE has announced that its new aviation (re)insurance practice will be headed by Mr Matt Gould as Head of Aviation.
The African insurance sector is demonstrably on a path towards greater sustainability, with significant progress being made by key players across the continent, according to the "Current State Report 2025".
African Risk Capacity (ARC) has launched Africa's first sovereign parametric flood insurance policy, marking a major innovation in climate risk financing and strengthening African countries' capacity to respond to the growing impacts of climate change.
Abidjan-headquartered insurance and banking group, NSIA Group, has received approval from the Regional Insurance Control Commission (CRCA) for the establishment of Manzi Re, its new captive reinsurance company.
Continental Reinsurance's (Nigeria) [CRe Nigeria] underwriting performance in 2025 and beyond is expected to trend in line with recent years, supported by stricter underwriting guidelines and more controlled business growth, according to AM Best.
Total premiums generated in the insurance market of the Democratic Republic of the Congo (DRC) reached $377.89m in 2024, up by 16.17% compared to 2023, according to the Insurance Regulatory and Control Authority (ARCA).
The African property reinsurance market was clearly transitioning into a softer phase at the 1 January 2026 renewal season, particularly for programmes with strong historical performance and robust exposure data, Gallagher Re has noted.
Insurance brokerage, Dayo Group, has established a subsidiary in Cote d'Ivoire, strengthening its presence in West Africa.