African Reinsurance Corporation (Africa Re) inaugurated its new corporate headquarters in Abuja last month, as part of a two-day series of commemorative events celebrating the 50th anniversary of its founding.
Private equity firm, Adenia Partners, has acquired a majority stake in Minet Group, one of Africa's largest independent insurance brokerage and risk advisory firms. The stake was acquired from Capitalworks.
Shareholders of Nairobi-headquartered Equity Group Holdings have approved an insurance expansion into Kenya and the Democratic Republic of Congo, at the Group's 22nd Annual General Meeting held last week.
Members of the Federation of African National Insurance Companies (FANAF) plan to adopt the "Pan-African Pact for Insurance Inclusion", a reference framework intended to mobilise stakeholders around shared objectives.
African insurance industry leaders have called for bold regulatory reforms and digital innovation to close the continent's insurance protection gap and unlock inclusive economic growth across the continent.
Data scarcity is a central constraint for Africa's insurance market development, according to the Africa Insurance Pulse 2026 , an annual flagship publication released by the African Insurance Organisation (AIO).
3IF Ventures (the Fund), the first impact venture capital fund dedicated to Africa's insurance start-up ecosystem, has announced the First Close of the Inclusive Insurance Investment Fund (3IF Ventures) at $12m.
Africa Specialty Risks (ASR), a developing markets-focused (re)insurance group, has entered into an agreement for a strategic investment by London-headquartered Vitruvian Partners, an international investment firm, which will be ASR's new lead investor.
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.