Insurance News

Ghana: GIA Complaints Bureau Launched


 | Source: Ghanaian Times; AllAfrica

The Ghana Insurers Association (GIA) has launched a Complaint Management and Advice Bureau (CMAB) to handle complaints from policyholders and the general public.

Tanzania: Insurance Campaign Targets Students


 | Source: Tanzania Daily News; All Africa

Tanzania Insurance Regulatory Authority (TIRA) has extended its special awareness raising programme among students in various colleges to curb phony business in insurance in Central Zone regions.

Tanzania: Plea to Tap Onto Tz Insurance Potential


 | Source: Tanzania Daily News; All Africa

The prospects for Tanzania to reap huge benefits from insurance firms are high, given its exceptionally favourable regulatory system and economic diversity.

AFSIC 2018


Investing in Africa

Zimbabwe: Liquidity Challenges Hit Life Assurers


 | Source: Financial Gazette; All Africa

New business written by the life assurance sector for both individual life and group business decreased by 26 percent and two percent respectively in the quarter to September 2017, on the back of Zimbabwe's biting liquidity challenge.

Kenya's New Rules to Streamline Banks' Role in Insurance


 | Source: The EastAfrican; All Africa

Kenya has published new regulations to control the operations of banks offering insurance services.

ARC and UN unite to increase parametric insurance coverage in Africa


 | Source: Financial Afrik

The Pan African Risk Management Mutual (African Risk Capacity, ARC), a specialized agency of the African Union, and the United Nations Economic Commission for Africa (ECA) have announced a partnership that will allow the two organizations to combine their efforts to strengthen African States’ climate risk insurance coverage.

Tanzania: Experts Welcome Proposed New Insurance Products in Market


 | Source: Tanzania Daily News; All Africa

Insurance experts have welcomed Tanzania Insurance Regulatory Authority's (TIRA) plan to extend insurance service scope in the country, saying the move will augment industrialisation drive.

Nigeria: NAICOM Mulls Fresh Capital Base for Insurance Companies This Year


 | Source: Daily Trust; All Africa

The National Insurance Commission (NAICOM) is considering a fresh round of recapitalization for insurance companies and may likely roll out new recapitalization requirements this year.

Côte d’Ivoire: index insurance soon to be experimented


 | Source: Financial Afrik

Index insurance will soon be a reality in Côte d’Ivoire.

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