AFAH Publishing

Insurance & Pensions Commission ZIM Commissioner Dr Grace Muradzikwa said the protracted settlement of claims in the industry necessitates “urgent attention and action from all insurers”. Do you agree? Read more about the Zimbabwe's draft law in our last issue https://lnkd.in/dScv3e8N Calvin Manika Lloyd Gumbo Dennis Choto #InsuranceLaw #Claims

Climate change is increasingly posing significant risks to African insurers. Join the conversation in our next issue as we delve into the challenges and opportunities arising from climate-related risks. How can African insurers adapt and thrive in this new landscape? Tom Gitogo manjit dhadialla Kevin Mworia Silent Shava Alwin Kopera Alson Nhari Kudakwashe Museka

We join the nation of Namibia 🕊️

Issue 134 is OUT!! This is our pick for the week. The article is a challenge to insurers in Africa to evolve their models as risks become more intricate. "For instance, ZEP-RE (PTA Reinsurance Company), which is the implementing agent of the first phase of De-Risking, Inclusion and Value Enhancement of Pastoral Economies project, is using AI to offer index-based livestock insurance to thousands of pastoralists spread in Kenya, Ethiopia, Somalia and Djibouti without needing the help of agents." Read more on AFAH Publishing https://lnkd.in/dYDqX7Ux Patrick Alushula Deloitte Karl Hersch James Colaço Michelle B Canaan Dan (Nolan) Bishop ZEP-RE (PTA Reinsurance Company) African Risk Capacity Ltd. Jaskiran S. ZEP-RE ACADEMY Continental Reinsurance #RiskManagement #RiskModels #Africa #insurance

Ever wondered what the insurance industry in Ivory Coast is like? The market is dominated by non-life insurance which, with 349 billion FCFA (US$587.2 million) in written premiums, will account for 58.3% of the total portfolio in 2023, for a penetration rate of around 2%. Despite its growth, the insurance penetration rate remains low in Côte d’Ivoire, compared with other African countries (South Africa, Morocco, Kenya). This represents a development potential for all players in the market. Read more from AFAH Publishing https://lnkd.in/dNBue-Gj Mahamadi Liz Booth Hermann N'ZI’ Optimus Insurance ZEP-RE (PTA Reinsurance Company)Continental Reinsurance #insurance #reinsurance #sustainability #ruralinsurance

The insurance market in Nigeria is expecting increased premiums following the decision by the Nigerian Police Force (NPF) to enforce third-party motor insurance policies across the country starting February 1, 2025. Read more in our latest newsletter on AFAH Publishing https://lnkd.in/dBWXUayU #Nigeria #Insurance #Africa Prince Cookey Continental Reinsurance ZEP-RE (PTA Reinsurance Company) Africa Specialty Risks Afro Asian Insurance Services Ltd National Insurance Commission, Abuja

 “We need to be thoughtful, adaptive and collaborative in our approach to preparedness and resilience, including using future scenarios to stress test investments and growth strategies, identifying supply chain choke points and supplier risks, and leveraging AI analytics for timely assessments and insights, determine how best to embed just-in-case versus just-in-time strategies, as well as building trust with workforces and stakeholders as organisations, economies and societies transform.” Carolina Klint Read more on AFAH Publishing https://lnkd.in/dJGYN-ch World Economic Forum Peter Giger Zurich Insurance Marsh McLennan Liz Booth

A research study highlighted by FSD Africa suggests that a decline in natural capital services could result in a decrease in global GDP by $2.7trn, which accounts for 3% of the world’s GDP today. Sub-Saharan Africa is expected to be the region most severely impacted, facing an annual GDP reduction of $358bn or 12% of its estimated GDP in 2024. What role does the insurance industry have in preservation of natural capital? Find out from our latest newsletter https://lnkd.in/dYnXWJiw Taurai Craig Museka United Nations Environment Programme Finance Initiative (UNEP FI) Aon #NatureFinance #Resillience

"The California wildfire crisis is not simply the result of climate change or extreme weather, but something deeply intertwined with regulatory and environmental decisions made over decades. And this meddling continues unabated." Do you agree? What does it mean for Africa? Read more on AFAH Publishing https://lnkd.in/dS4Uq9Kq Seychelles Reinsurance Global Ltd Continental ReinsuranceAfrican Reinsurance Corporation Africa Specialty Risks

New Podcast Episode: Exploring Alternative Risk Solutions in Africa Join us on Africa Ascending, a podcast series examining key issues affecting the African business environment and its impact insurance sector. In our latest episode, we delve into alternative risk solutions, discussing their benefits, which insureds can benefit most, and the future of the sector. Hear from our expert guests: Phocas Nyandwi, Eastern African Regional Director, African Reinsurance Corporation Zeeshan Ahmad, Head of Treaty and Structured Solutions, Afro Asian Insurance Services Ltd Listen now and stay informed about the latest developments in African insurance! https://lnkd.in/duwnTZ9n #insurance #africa #alternativerisksolutions #riskmanagement Udai PatelLiz Booth