Africa: Resolving sovereign debt issue is integral to insurance industry's resilience and growth

Published on June 1, 2025
Addressing sovereign debt is crucial to building a vibrant and resilient insurance industry in Africa, the governor of the National Bank of Ethiopia (NBE), Mr Mamo Mihretu, has said.
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IRB(Re) sponsors Brazil’s inaugural ILS transaction, R$33.7m Andrina

May 30, 2025
Brazilian reinsurer IRB(Re), via its wholly owned subsidiary, Andrina Special Purpose Insurance Entity (SSPE), has issued the first insurance-linked securities (ILS) transaction in the country, a R$33.7 million transaction (USD 5.9m) covering risks related to the reinsurer’s surety bond portfolio.This issuance of the first ILS transaction in Brazil comes after the country’s insurance regulator, Su

Egypt: Regulatory chief highlights need for climate risk databases

June 1, 2025
The chairman of the Financial Regulatory Authority (FRA), Dr Mohamed Farid, has stressed the critical need to build and develop comprehensive climate risk databases.