South Africa: Energy crisis, Nat CATs and geopolitical tensions cloud property insurance sector

Published on August 14, 2023
The insurance markets across Property and Casualty; Riot, Strikes and Terrorism; Motor; Cyber and Errors & Omissions (E&O) have been heavily impacted by three overarching local and global events,
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Singapore: New-business premiums for annual-premium policies grow in 1H

August 14, 2023
The Life Insurance Association (LIA) of Singapore has announced that the sector saw weighted new business premiums for annual-premium policies grow quarter-on-quarter by 16.8% in 2Q2023, or S$807.5m

Senegal: New minimum capital requirement increases pressure on small insurers

August 14, 2023
The new requirement for insurance companies to increase their minimum capital to FCFA5bn ($8.4m) can put pressure on the profitability of companies, especially for those that are smaller or have