Zimbabwe: Insurers adhere to new " No premium paid, no cover" regulations

Published on November 27, 2023
The insurance industry has now implemented new regulations that stipulate that insurance premiums have to be paid for the insurance coverage to be effective.
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Tanzania: East Africa Reinsurance establishes subsidiary

November 27, 2023
Nairobi-headquartered East Africa Reinsurance Company (EARe) has expanded its operations by establishing a subsidiary in Tanzania, called East Africa Reinsurance (Tanzania) Company.

South Africa: Crime costs at least 10% of GDP

November 27, 2023
The impact of crime in South Africa is estimated to be at least 10% of GDP per year, comprising transfer, protection, and opportunity costs, says the World Bank.