West Africa: Insurers urged to implement IFRS 17

Published on December 11, 2023
Insurance companies that are members of the West African Insurance Companies Association (WAICA) are being urged to adopt the International Financial Reporting Standard (IFRS) 17.
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South Africa: Fraud worth US$58m prevented by life and investment companies in 2022

December 11, 2023
South African life insurers and investment companies detected 8,931 cases of fraud and dishonesty in 2022. While losses worth ZAR1.1bn ($58m) were prevented, the industry lost ZAR77m to fraud in 2022.

Qatar: Insurance industry to launch climate insurance products

December 11, 2023
Qatar's insurance industry will launch climate insurance products, according to the Qatar Central Bank's (QCB) recently launched its third financial sector strategy.