Insurance premiums grow in rest of Africa while South Africa faces a fall in 2022

Published on October 9, 2023
The South African insurance market, the largest in Africa, saw total premiums drop by almost $4bn to $45.8bn in 2022. This represents a decline of 7.9% (or -4.5% in inflation-adjusted terms) from the
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African non-life reinsurance premiums continue to grow in 2022

October 9, 2023
The African non-life reinsurance market for the top 14 markets increased by $172m year-on-year from $6.1bn in 2021 to $6.3bn in 2022, according to the Africa Insurance Organisation's (AIO)

Ghana: Survey shows 3 in 4 respondents have basic insurance knowledge

October 9, 2023
The regulator of Ghana's insurance industry, the National Insurance Commission (NIC), has released the findings of its Public Perception, Awareness and Confidence of Insurance Survey (PPAC) for 2022.