The African insurance sector has recorded nearly 100 bankruptcies of insurers and reinsurers in the past 25 years, reveals the 2025 edition of the Global Catalogue of Bankrupt Insurers, published by the Property and Casualty Insurance Compensation Corporation (PACICC). Between 2000 and 2024, 96 African insurance and reinsurance companies, representing 9.9% of the global total,...
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Insurance in Africa: Nearly 100 bankruptcies recorded since 2000, according to an international report
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