Losing speed, insurer Britam cuts more than 130 jobs in Kenya
Insurance group Britam Holdings is set to lay off at least 130 employees, mainly in its operations in Kenya. This process could cost an...
Saham Assurance Maroc: the main indicators evolve in a checkered manner
The main indicators of Saham Assurance Maroc experienced an upward and downward trend in the 4th quarter of 2020, according to data communicated by...
Allianz Nigeria announces cyber risk insurance
Allianz Nigeria plans to roll out a cyber insurance policy before the end of the first half of 2021, announces Adeolu Adewumi-Zer, the CEO...
FANAF postpones the organization of the 45th General Assembly
The Federation of Insurance Companies under African National Law (FANAF) announces the postponement of the 45th General Assembly due to the health crisis linked...
Kenya: insurer Britam Holdings appoints interim PCA
Insurance group Britam Holdings has appointed Mohamed Said Karama as interim Chairman of the Board of Directors (PCA) to replace Walter Andrew Hollas, who...
Kenya: COVID-19 panics the insurance market
Shaken by the coronavirus crisis, the Kenyan insurance sector performed poorly in the second quarter of 2020.
According to the latest data from the Insurance...
Congo: Sunu is interested in Allianz
The Sunu Assurance group has initiated a process to take over the subsidiary of the Allianz group in Congo-Brazzaville. The operation remains subject to...
CIMA: postponement of the second phase of the capital increase of insurance companies
Phew of relief for the insurance companies of the Inter-African Conference on Insurance Markets. The passage of the minimum capital from 3 to 5...
Nigeria: AM Best confirms credit ratings of African Reinsurance Corporation
AM Best confirmed the excellent "A" financial strength rating and long-term credit rating of the issuer "A" of the reinsurance company African Reinsurance Corporation...
Continental Re appoints new Anglophone West Africa regional director
Pan-African reinsurer Continental Re has announced the appointment of Ogadi Onwuaduegbo as regional director, Anglophone West Africa. His appointment will be effective in January...
Algeria: Alliance Assurances offers its first product dedicated to startups
The Algerian insurance company, Alliance Assurances, launched a new insurance product exclusively reserved for startups in the country. This offer is a first on...
Cameroon-Re soon on the reinsurance market
Announced in 2019, the new national reinsurance company of Cameroon called “Cameroon-Re” will soon start its activities with a capital of 15 billion FCFA...
DRC: ban on taking out direct insurance abroad
Direct insurance abroad is prohibited for anyone living on Congolese soil, announced the Authority for the Regulation and Control of Insurance in the Democratic...
Covid-19: Allianz resilient despite the financial crisis
Allianz announced on Friday, November 6 that its total revenue reached 31.4 billion euros ($ 37.2 billion) in the third quarter (Q3) of 2020,...