Accra, Ghana//-The President of the Insurance Brokers Association of Ghana (IBAG), Shaibu Ali says that the insurance Brokers are the gateway and the hub to the insurance market for excellent customer service.
Category: Insurance
Survey: Inflation, Weaker Currencies and Climate Change Top List of Concerns for African Economies
Lagos, Nigeria//-Financial risks, including currency depreciation and inflation, is topping the list of challenges facing the 54 African economies in the year ahead. That’s according to a new survey of the continent’s leading insurance professionals, conducted by the pan-African reinsurer, Continental Reinsurance.
Report: Sub-Saharan Africa Reinsurers Face Fresh Challenges as Performance Improves
London, UK//-Steady growth in gross domestic product, together with international investment, has spurred the expansion of sub-Saharan Africa’s reinsurance market over the past decade, according to a new report from AM Best.
Ghana: SSNIT’s US$206m Locked up in 4 Joint Venture Projects – 2021 A-G’s report
Accra, Ghana//-Investments of the Social Security and National Insurance Trust (SSNIT) worth US$206 million have been locked up in four Joint Venture projects, the 2021 report of the Auditor-General has revealed.
Allianz Achieves 3.5 billion Euros Operating Profit in 2Q
Allianz Group’s second quarter 2022 (Q2 2022) total revenues surged 8.2 percent to 37.1 (2Q 2021: 34.3) billion euros, driven by the Property-Casualty business segment with broad volume growth and positive price effects.
Fire, Faulty Workmanship and Natural Catastrophes Top Causes of Insurance Claims for Business in South Africa
Johannesburg/London/Munich/New York/Paris/Sao Paulo/Singapore//-A fire at a busy warehouse leaves a company struggling to replace its buffer stock; a ransomware attack paralyzes a company’s IT systems; the use of industrial adhesives in manufacturing results in a costly product recall: every day companies around the globe, together with their insurers, experience losses, in multiple forms, in the millions of […]
Africa No Filter Launches Tony Elumelu Storytellers Fund to Empower Emerging African Creative Talent
Lagos, Nigeria: Africa No Filter, a donor collaborative working to transform stereotypical narratives of Africa, has launched the Tony Elumelu Storytellers Fund.
Allianz Life Ghana Introduces “Allianz Annuity Plan”, Marks 4th Anniversary
Accra, Ghana//-After four years of exhibiting outstanding leadership, top notch customer services and the introduction of innovative products, Allainz Life Ghana has added the “Allianz Annuity Plan” to its wide range of products.
OLEA Insurance Solutions Africa Expands to Southern Africa with New Subsidiary
Abidjan, Ivory Coast//– OLEA Insurance Solutions Africa, a pan-African insurance specialist, has acquired a new subsidiary in South Africa, marking another milestone in its expansion into Southern Africa.
Allianz Posts Impressive Financial Results in Q1, Achieves 3.2bln Euros Operating Profit
The Allianz Group, one of the world’s leading insurers and asset managers today posted impressive financial results in the first quarter (1Q) of 2022, achieving 3.2 billion euros operating profit.