Heightened macroeconomic challenges for sub-Saharan Africa's reinsurers

Published on September 25, 2023
The declining creditworthiness of many African debt issuers has led to increased asset risk and will test the resilience of the continent's reinsurers' balance sheets, according to a new AM Best
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Philippines: Nat Re's underwriting results to be backed by portfolio remediation

September 25, 2023
The prospective underwriting performance of National Reinsurance Corporation of the Philippines (Nat Re) is expected to be supported by ongoing portfolio remediation measures, including reduced

Tanzania: Insurers form agricultural and oil & gas consortia

September 25, 2023
Several Tanzanian insurance companies recently established a consortium for insuring large and valuable projects in the country to reduce reliance on foreign insurance companies, revealed