Accra, Ghana//-The National Insurance Commission (NIC) is on the verge of withdrawing the licences of some insurance companies, after they were unable to recapitalise to GH¢50 million by the end of its recapitalisation deadline.
Harare, Zimbabwe//- A global network of humanitarian agencies has today announced the purchase of an innovative insurance policy in partnership with African Risk Capacity (ARC) and the Government of Zimbabwe.
Johannesburg/London/Munich/New York/Paris/Sao Paulo/Singapore//-Board members and company executives can be held liable for an increasing range of scenarios.
Johannesburg, South Africa, December 13, 2021/ — Africa Risk Capacity Limited (ARC) recently paid out $350,000 to farmers in a corner of Madagascar after a drought, proving the value of insurance in building resilience.
Getty Images Bomikazi Zeka, University of Canberra The COVID-19 pandemic has put a financial strain on businesses, households and individuals. It’s leading more older adults to retire early, according to recent research. This means retirees could be making increased claims on social security benefits.
Nigeria has become the first country in Africa to launch its own central bank digital currency. Find out how the eNaira will work and what its benefits will be. Nigeria has launched Africa’s first central bank digital currency (CBDC).
Accra, Ghana//-Ghana’s population is facing a risk of uninsured citizens although the country can boast of about 44 insurance firms, comprising of 17 life insurance companies and 27 non-life insurance companies, according to data from the National Insurance Commission (NIC).