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First Female CEO in Algeria market

24th October, 2018 - Wided Belhouchet, CEO of CASH Assurances   Studies Postgraduate degree in insurance, Institut de Financement et Développement du Maghreb Arabe (IFID, Tunis), 1999 Engineer...
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3rd Africa Reinsurance Pulse: Africa’s reinsurers with confidence as growth and profitability improve

2nd October, 2018 - Windhoek, Namibia, 1 October 2018 – In the 3rd edition of the Africa Reinsurance Pulse, launched at today’s 23rd African Reinsurance Forum in Windhoek, Namibia, the continent&rs...
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ZEP-RE ceases activities of its Douala office (Cameroon).

24th September, 2018 - ZEP-RE has centralized in Abidjan its operations in the Cima zone, where it has been authorised to have a reinsurance activity. Hence, the company whose head office is in Nairobi (Kenya) ceased...
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Gabon - Andrew Gwodock elected President of the Fegasa

21st September, 2018 - Andrew Gwodock, Managing Director of the country's lone reinsurance company, Société Commerciale Gabonaise de Réassurance (SCG-Ré) has been elected at the head...
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Gabon - A new headquarters for the National Insurance Directorate

21st September, 2018 - The new headquarters of the National Insurance Board (DNA) and the International Insurers Conference Center are expected to be inaugurated in 2020. The foundation stone of the project was...
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Nigeria - ‘Only 1% of Nigerians Have Insurance Policy’ - Business Journal

20th September, 2018 - Mr. Tope Smart, Chairman, Nigerian Insurers Association (NIA) has lamented that only about one (1) percent of Nigerians have any form of insurance policy despite the country’s huge population...
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NAICOM Unveils New Capital Base for Insurers From Jan 1, 2019 - Business Journal

20th September, 2018 - The National Insurance Commission (NAICOM) has unveiled a new capital model for the insurance industry in Nigeria effective from January 1, 2019. The new risk-based capital structure is divided...
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Zimbabwe - Legislative changes for better quality insurance

20th September, 2018 - The Insurance and Pensions Commission (IPEC) is in favor of the adoption of three draft bills by the Zimbabwean parliament in order to harmonize local laws with international standards. The...
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Senegal - Establishment of an insurance pool for the coverage of oil and gas risks

20th September, 2018 - The constituent general assembly, organized by the Association of Insurance Companies of Senegal (ASS) on August 29, 2018 in Dakar, decided to set up an oil and gas insurance pool in Senegal,...
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Leadway acquires 3A Life Insurance Company Cote d'Ivoire

20th September, 2018 - The Nigerian insurer Leadway Assurance has recently purchased the Ivorian company 3A Vie. This transaction gave birth to a new company named Leadway Life. With a capital of 3 billion FCFA...
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Kenya Re willing to extend further globally

20th September, 2018 - Kenya Reinsurance is willing to expand its business area and conquer new markets. The objective is to increase its revenues which are threatened by local and international competition. The...
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Kenya, top market for South African insurers

20th September, 2018 - Kenya is the main destination for South African insurers outside their borders. The ultimate paradox is that they prefer to invest in Kenya rather than in their own country. The high growth...
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Africa Re, growth in turnover for the first half of 2018

20th September, 2018 - The results for the first half of 2018 show a 10.83% increase in gross written premiums of the African Reinsurance leader, Africa Re, which rose from 372.35 million USD in June 2017 to 412.68...
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7th September, 2018 -  BACK GROUND The African Insurance Organisation (AIO) Book Award was created to encourage scholarly research among AIO members. This is in furtherance of one of the Organisation's priorities...
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KENYA - Integrated Motor Insurance Data System (IMIDS)

8th September, 2017 - AKI is in the process of implementing a system that will centralise motor insurance data to facilitate the detection of fraudulent claims and assist in the management of motor certificates....
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SOUTH AFRICA - Viviene Pearson - SAIA Chief Executive Officer and Director of the IISA.

31st August, 2017 - The Insurance Institute of South Africa welcomes the recent appointment of Viviene Pearson to the Board. We look forward to Viviene contributing to the success of the IISA through her...
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Mr. Justice Yaw Ofori Appointed as Commissioner of Insurance

30th August, 2017 - The President has appointed Mr. Justice Yaw Ofori, as the Commissioner of the National Insurance Commission (NIC). Mr. Ofori, until his appointment was the Director of the Ghana Insurance College. He...
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KENYA - Local Marine Cargo Insurance grows by 57% in Q1

30th August, 2017 - Data collected by Association of Kenya Insurers shows that local Marine Cargo Insurance premium has grown by 57% in the first quarter of 2017. Premiums collected hit Ksh550million compared...
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This page is dedicated for the purpose of providing information on insurance events taking place in Africa outside of the AIO, such as:

  • Management changes
  • Establishment or liquidation of companies
  • National, sub-regional and continental insurance meetings
  • changes in legislation, tax information and supervisory activities
  • activities and programmes of associations, training centers
  • major risks and losses, etc.

Please email any news items relating to African companies and markets to aio@camnet.cm

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