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1 week ago | 
afahpublishing.com | Liz Booth
South Africa’s National Treasury has suggested that greater uptake of insurance would help its municipalities survive a severe natural disaster.
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3 weeks ago | 
afahpublishing.com | Liz Booth
There must be a balance between using machine learning to handle claims and having human empathy for the claimant. But, as Nelson Matheus, chief claims officer from Namib Re, said in a round table, hosted by Africa Ahead and Mukfin, the process really has to start with underwriting. To watch the whole round table click here.
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3 weeks ago | 
afahpublishing.com | Liz Booth
The insurance industry can play a crucial role in helping African countries, businesses and individuals build resilience and adapt to climate change through better environmental protections, suggested two of Ghana’s new ministers.
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3 weeks ago | 
afahpublishing.com | Liz Booth
Le secteur de l’assurance peut jouer un rôle crucial en aidant les pays africains, les entreprises et les individus à renforcer leur résilience et à s’adapter au changement climatique grâce à une meilleure protection de l’environnement, ont suggéré deux nouveaux ministres ghanéens.
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3 weeks ago | 
afahpublishing.com | Liz Booth
Value added tax) on insurance products is a divisive issue with governments keen to bring in greater revenue, while industry argues it dissuades consumers from buying cover because of the added costs. Now governments in Ghana and South Africa have either introduced or increased the tax. There have been similar proposals in Kenya where the government has already introduced VAT on certain insurance compensation to customers.
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3 weeks ago | 
afahpublishing.com | Liz Booth
Africa Ahead journalists have been shortlisted and collected a number of awards in the past weeks for their journalistic expertise. News editor Patrick Alushula was named Overall Winner at the 10th edition of the Pan-African Re/Insurance Journalism Awards at a ceremony held in Cape Town, South Africa. Alushula also clinched the English Print Category Award for his incisive article that provides a strong analysis of the rising cybercrime risks in Kenya and the growing adoption of cyber insurance.
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3 weeks ago | 
pfp.thepfs.org | Liz Booth
When US President Donald Trump stood up to announce his new tariff regime on April 2, it was clear that significant changes were ahead. As the world begins to understand the full implications, the overall response has been negative, with individual countries downgrading their forecasts, concerns over a potential global recession, and an immediate plunge in global stock markets.
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4 weeks ago | 
thejournal.cii.co.uk | Liz Booth
When US President Donald Trump stood up to announce his new tariff regime on April 2, it was clear that significant changes were ahead. As the world begins to understand the full implications, the overall response has been negative, with individual countries downgrading their forecasts, concerns over a potential global recession, and an immediate plunge in global stock markets.
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1 month ago | 
afahpublishing.com | Liz Booth
African insurers are well aware of the enormous protection gap across the continent, but the fear is that natural catastrophes might increase with climate change, making a bad situation even worse. Harold Mbati, executive director East Africa, Reinsurance Solutions talks to Liz Booth about the changing nature of risks.
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1 month ago | 
afahpublishing.com | Liz Booth
Continuous professional development (CPD), or mandatory professional development as it is known in some markets, is becoming an ever more crucial part of any insurance professionals’ working life. For instance, in Kenya, a new law may soon mandate all insurance professionals complete CPD annually to maintain their licence to operate.
