Browsing: Insurance

Sanlam Allianz Re, formerly Saham Re, has dismissed its CEO, Ilyes Hassib, Financial Afrik has learned. With extensive experience in…...

Old Mutual Holdings Plc, a regional insurance company, is preparing to sell its entire real estate portfolio in East Africa…...

The board of directors of Chanas Assurances, a subsidiary of the National Hydrocarbons Company (SNH), announced during an extraordinary session…...

ZB Financial Holdings has announced its intention to intensify the development of its life insurance activities in Southern Africa and…...

In an effort to secure a strategic investment, the Japanese giant Sumitomo Corporation has been granted a 10-year political risk…...

The South African giant Old Mutual announced that its Zimbabwean operations had suffered a loss of 2.2 billion rand (118.8…...

In a move to strengthen the supervision of its reinsurance market, the Egyptian Financial Regulatory Authority (FRA) has issued new…...

SUNU Bank Togo announced, in a statement from its board of directors dated August 22, 2025, a restructuring plan aimed…...

A major advancement for the Kenyan healthcare system has just been achieved. The Ministry of Health and representatives of insurance…...

Afrigroup Holding, based in Yaoundé, has obtained approval from the Inter-African Insurance Markets Conference (CIMA) to create two new companies,…...

Swiss Re surpasses Munich Re, China Re joins, Allianz and Axa remain distant The latest ranking of the fifty largest…...

In Nigeria, insurance companies have a twelve-month deadline, until July 2026, to comply with the new minimum capital thresholds introduced…...

As announced earlier this week by Financial Afrik, the Tunisian Stock Exchange (BVMT) celebrated on Thursday, August 14, the official…...

Universal Insurance Plc has released its financial results for the second quarter and first half ending on June 30, 2025,…...

The Algerian Transport Insurance Company (CAAT) closed the 2024 fiscal year with a net profit of 837.8 million Algerian dinars…...

In 2024, the net profit of insurance companies in Morocco increased by 2.9% to reach approximately €407 million, according to…...

BNA Insurance will make its debut on the main market of the Tunis Stock Exchange on Thursday, August 14, 2025,…...

President Bola Tinubu has signed the 2025 Insurance Sector Reform Act in Nigeria (NIIRA), ushering in a new phase of…...

The African Reinsurance Corporation (Africa Re) has launched a new index-based livestock insurance (IBLI) product in Nigeria in partnership with…...

In Nigeria, President Bola Tinubu has enacted a comprehensive reform of the insurance sector under the Insurance Industry Reform Act…...

Moody’s Ratings has upgraded the outlook of ASR Re Limited’s Baa1 rating to positive, while maintaining the current rating. This…...

In Egypt, the Board of Directors of the Financial Regulatory Authority (FRA) has issued a decision introducing a new solvency…...

The Insurance and Reinsurance Company Astrée, a subsidiary of the Banque de Tunisie Group and listed on the Tunis Stock…...

AXA Mansard Insurance Plc, a subsidiary of global giant AXA, has released its financial results for the second quarter and…...

NEM Insurance Plc released its financial statement as of June 30, 2025, confirming a strong growth in its assets, which…...

The Ethiopia Agricultural Insurance Consortium (AICE) was officially launched by the Swiss company Pula Advisors. This ambitious initiative aims to…...

The African Development Bank (AfDB) Group has approved a $30.25 million financing to support a program aimed at enhancing climate…...

Assurances La Providence, a non-life insurance company based in Dakar, has announced the appointment of Mrs. Awa Coulibaly as CEO.…

As of June 30, 2025, BH Assurance announces that it has achieved a total turnover of 109.3 million dinars (approximately…...

The global market for commercial credit insurance saw a significant decrease of nearly 25% in 2024 in both the number…