Microinsurance News

Nigeria: CBN Urges Financial Operators to Diversify Products


 | Source: Vanguard; AllAfrica

The Central Bank of Nigeria (CBN), has urged insurance operators in the country to ensure diverse insurance products to enable more citizens to key into insurance.

Stock Exchange to Automate Trading Process


 | Source: Nyasa Times; AllAfrica

The Malawi Stock Exchange (MSE) in collaboration with the Reserve Bank of Malawi says will automate its trading processes and replace the manual system currently in use with the modern system to improve the efficiency of trading processes.

Uganda: Perceptions About Insurance Industry


 | Source: All Africa - The Monitor

According to Ugandan expert, unless insurance companies introduce products for low-income earners, who make up a big portion of the country, insurance will maintain the challenge of low penetration in Uganda.

Zimbabwe: Market Embraces Netone Products


 | Source: The Standard; All Africa

NetOne last week launched OneCover, a micro mobile insurance that offers funeral insurance to subscribers and OneTech, which offers smartphones on credit loaded with free OneFusion airtime for the whole year.

Malawi: NICO Urged to Extended Insurance Services to Rural Masses


 | Source: Malawi News Agency; All Africa

Chief Executive Officer (CEO) for CDH Investment Bank, Misheck Esau has called on NICO General Insurance to extend insurance service to rural communities.

Ethiopia: Company Reaching Out to Farmers, Pastoralists for Weather Insurance Services


 | Source: The Ethiopian Herald; All Africa

With concerted efforts of the government and other stakeholders, Nyala Insurance Company is providing weather insurance services to small scale farmers and pastorals in various states, said Micro Insurance Business General Manager Solomon Zegeye.

The 10th Consultative Forum on “Scaling up agricultural index insurance in Africa: Building disaster resilience of smallholder farmers”


Stakeholders come together to explore agricultural index based insurance as a tool for building resilience of farmers in Africa.

African Development Bank and MFW4A hold Digital Finance Week


The first AfDB Digital Finance Week (DFW) took place from September 19-22, 2016 in the CCIA Building in Abidjan.

Ghana: Rural banks to launch an insurance company


The new company will come up with products that suits the particular needs of rural banks.

Rwanda reviews agricultural policy to develop access to insurance


The effects of climate change have increased the need for agriculture insurance.

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