Challenges facing African insurance market – AIB
Continued from last edition… WITH THE INTRODUCTION of higher solvency requirements, the number of insurance players has reduced and according to interviewees, this process is still ongoing. Furthermore, due to the continuously low rates coupled with a number of big claims, some international insurers have decided to recalibrate their African market presence. In fact, as […]
Challenges facing African insurance market – AIB
2020 has been eaten up by the pandemic, COVID-19. In its wake, we are not sure what meaningful activities can still take place this year. Last year though, the African Insurance Barometer (AIB) successfully carried out a survey of the insurance industry in Africa and came out with a report. With COVID-19 making it look […]