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,...

Afrique du sud : Saham Finances becomes Sanlam Pan Africa Assurance

The South African group, Saham Finances takes the name of Sanlam Pan Africa Assurance, the local South African press reported on Friday (November 6th)....

Nigeria: AXA Mansard resists COVID-19

While its parent company, AXA suffered the negative effects of the coronavirus with an 8% decline in its turnover in the third quarter of...

Mohamed Ali Bouabane, new CEO of AIG North Africa

US insurance giant American International Group (AIG) announced Tuesday, October 20, that it had appointed Mohamed Ali Bouabane as CEO of AIG GCC and...

Allianz: Gulf of Guinea sees piracy activity soar, West African Coast is third hotspot...

July 15, 2020: Large shipping losses are at a record low having fallen by over 20% year-on-year, according to marine insurer Allianz Global Corporate...

Mr. Lesley Ndlovu is the new CEO of AFRICAN RISK CAPACITY INSURANCE Limited

The African Risk Capacity Limited (the ARC Ltd) has appointed Mr. Lesley Ndlovu as its new Chief Executive Officer following the expiration of the...

Allianz Risk Barometer 2020: Cyber top peril for companies in South Africa

9th annual survey on top business risks attracts record participation of 2,700+ experts from over 100 countries Cyber incidents have become more damaging and...

Oil and Gas Insurance: great victory for the local content strategy in Senegal in...

According to our sources, the president of the Senegal Oil and Gas Risks Insurance Pool, Majdi Yassine, informed the Senegalese insurance and reinsurance market...

Insurance: what will become of the CIMA treaty at the advent of the eco?

The Annual Market Forum of the Federation of African National Insurance Companies (FANAF) has just been held in Yaoundé. From 5 to 7 November...
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