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.
African regulators and development finance institutions are working on frameworks that could unlock more domestic capital for regional infrastructural projects, according to Dr Corneille Karekezi, the Group Managing Director of Africa Re.
Singapore-headquartered Mobile-health Network Solutions (MNDR), a leading AI-powered digital health platform, has announced the signing of a non-binding Strategic Cooperation Framework Memorandum of Understanding (MoU) with Hector Capital Holdings.
African Reinsurance Corporation (Africa Re), together with a consortium of insurers and development partners and the Lagos State Government, has launched the Lagos Flood Risk Insurance Policy, sub-Saharan Africa's first parametric flood insurance solution.
The German state-owned development bank KfW has become the latest shareholder in the African Trade & Investment Development Insurance (ATIDI), becoming the 13th institutional shareholder in Africa's premier development insurer.