Zurich and Tunis, Tunisia, 30 September 2019 ? The mood among Africa?”s reinsurance executives has become more bearish as declining rates and rising claims weigh on the profitability of the African reinsurance markets with a current premium volume of roughly US$ 7.5 billion. While Africa?”s economies are still recovering from the commodity crisis of 2016, […]
ZEP-RE has centralized in Abidjan its operations in the Cima zone, where it has been authorised to have a reinsurance activity. Hence, the company whose head office is in Nairobi (Kenya) ceased on September 14, 2018 the activities of its Douala office (Cameroon). The Abidjan subsidiary located in Cocody Canebiere (08 BP 3791 Abidjan, Côte […]
The new headquarters of the National Insurance Board (DNA) and the International Insurers Conference Center are expected to be inaugurated in 2020. The foundation stone of the project was laid on 14 September 2018. The building will be spread over an area of 1028.27 m². It will have 69 offices, a 299-seat auditorium and two […]
Babatunde Fajemirokun est promu directeur général (MD/CEO) de AIICO Insurance. Il remplace à ce poste Edwin Igbiti, parti à la retraite après 27 ans passés au sein de l’assureur nigérian. B. Fajemirokun occupait la fonction de directeur général adjoint Business Transformation and Information Technology⬝ au sein de Capgemini avant de rejoindre, en 2009, AIICO en […]
FNB Holdings, groupe financier nigérian, cède la totalité de ses participations dans le capital de FBN Insurance, soit 65%, à Sanlam Emerging Markets. Ce dernier contrôlait auparavant 35% de la société nigériane. Cette opération permet à l’assureur sud-africain de mettre la main sur FBN Insurance et sa filiale FBN General Insurance. Le montant de la […]
The National Insurance Commission (NAICOM) has unveiled a new capital model for the insurance industry in Nigeria effective from January 1, 2019. The new risk-based capital structure is divided into three tiers depending on the risk appetite and capital capacity of each operator. Under the new capitalisation structure, life insurance firms need a capital level […]
The 24th African Reinsurance Forum, co-organised by Fédération Tunisienne des Sociétés d?”Assurances (FTUSA) and la Société Tunisienne de Réassurance (Tunis Re), has ended in Tunis, Close to 400 delegates drawn from Africa and beyond brainstormed on the theme « African (Re) Insurance Facing New Regulatory Challenges» It was the first AIO event attended by the […]
Windhoek, Namibia, 1 October 2018 ? In the 3rd edition of the Africa Reinsurance Pulse, launched at today?”s 23rd African Reinsurance Forum in Windhoek, Namibia, the continent?”s reinsurance and brokerage executives interviewed for this year?”s survey predict rising rates and profitability on the back of rebounding original markets and a resurgent economy. Across Africa the International Monetary […]
The President has appointed Mr. Justice Yaw Ofori, as the Commissioner of the National Insurance Commission (NIC).Mr. Ofori, until his appointment was the Director of the Ghana Insurance College.He holds an International Executive MBA and a B.A. Honours from the University of Ghana (Political Science Major)Mr. Ofori is a Fellow of the Insurance Institute of […]
COMMUNIQUÉ DE PRESSE Douala, 16 Septembre 2019 Ntukamazina Jean Baptiste assume les fonctions de Secrétaire Général de l’Organisation des Assurances Africaines – OAA. Ntukamazina Jean Baptiste a pris ses fonctions de nouveau Secrétaire Général de l’Organisation des Assurances Africaines, OAA. Il a été récemment nommé par l’Assemblée Générale de l’OAA lors de sa […]
