Insurance

South Africa’s fuel retailers call for compulsory motor insurance

The Fuel Retailers Association in South Africa has proposed scrapping the country's Road Accident Fund (RAF) in favour of a…

In Tanzania, regulator asks banks to tap insurance business

BY CHARLES ABUEDE Banks and other financial institutions in Tanzania have a lot of opportunities to tap the insurance sector…

Experts identify insurance as panacea to global economic crisis

BY: ONOME AMUGE Insurance remains a sustainable succour and the surest bet for everyone, including corporate bodies and individuals, to…

NIA says Nigeria losing out on N50bn premium yearly vehicle insurance

Zainab Iwayemi     The Nigerian Insurers Association, NIA, has said that the insurance industry loses up to N50 billion…

Data silo, Open data: Crunch time for insurers in digitization pathway

  Zainab Iwayemi   As digitization deepens by the day allowing for the unthinkable to play out, businesses and organisations…

Increasing cyber risk pose bigger challenge for insurers

Zainab Iwayemi   As underwriters reported substantially higher segment claims losses in 2020 compared to the years before, property and…

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