Nigeria: At least 9 insurers to replace CEOs in their positions for at least 10 years

Published on September 18, 2023
At least nine insurance companies have commenced the process of naming a successor to their incumbent CEO or managing director three months before a 31 December deadline for insurers to replace such
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Uganda: GWP jumps by 16.5% in 1H2023 to over US$240m

September 18, 2023
Uganda's insurance sector grew by 16.5% to UGX898.10bn ($241.2m) in the first half of this year in terms of GWP compared to the corresponding half of 2022.

Africa: Continent pays out up to $8bn in premiums to foreign insurers yearly

September 18, 2023
Africa's insurance market pays out $6-8bn annually to western insurance entities mainly through brokerage and reinsurance services, according to the former secretary-general of the Africa Insurance