Accra, Ghana//-President John Dramani Mahama today relieved Dr George Akuffo Dampare of his duties as Inspector-General of Police (IGP) and appointed his deputy, Commissioner of Police (COP) Christian Tetteh Yohunu, as his replacement.
Category: Insurance
UBA Ghana Celebrates Women with Month-Long Strategic Initiatives
UBA Ghana kicked off a month-long celebration of women in March with a series of impactful initiatives designed to empower and support women across various spheres.
MobileMoney Limited Announces GHC500k Insurance Package For Its MoMo Agents Nationwide
Accra, Ghana//-MobileMoney Limited (MML), MTN Ghana subsidiary responsible for mobile financial services today announced a whopping GHC500,000 (GHC500k) insurance package for more than 200,000 of its Mobile Money (MoMo) agents across the country yearly.
BBC News Launches the 2025 Komla Dumor Award in Search for journalistic Talent in Africa
The BBC is now accepting applications for the 2025 BBC News Komla Dumor Award, which celebrates outstanding journalism in Africa.
IFC and Holmarcom Expand Partnership to Strengthen Access to Finance and Insurance in Africa
Casablanca, Morocco// – IFC and Holmarcom, a leading, privately-owned Moroccan conglomerate, today announced an expanded partnership to advance access to finance and insurance in Africa, promoting sustainable business growth by strengthening Holmarcom’s banking and insurance footprint.
Trebling of “Nuclear” Court Verdicts Challenges Companies and Liability Insurers: Allianz
Munich, Germany– US juries have ordered a record number of supersized verdicts against companies in recent years. So-called “nuclear” verdicts have almost trebled since 2020, while the median verdict value has more than doubled.
New Data Privacy Trends Help Drive Growth in Frequency and Severity of Large Cyber Claims
Munich, Germany// – Cyber claims have continued their upward trend over the past year, driven in large part by a rise in data and privacy breach incidents, Allianz Commercial warns in its annual cyber risk outlook.
Insurance Investors: Priorities and Opportunities
Following a frenzied 2021, the private equity (PE) market saw a 15 per cent decrease in deal count in 2022.1 The North American insurance industry also felt the slowdown, seeing a similar reduction in deals from 2021 to 2022, according to McKinsey analysis of data from Pitchbook.
Africa Specialty Risks Receives BBB+ Credit Rating with a Positive Outlook from Fitch
London, UK -//- Africa Specialty Risks (ASR), the pan-African and Middle East focused (re)insurance group, announced that Fitch Ratings has assigned a BBB+ long term insurance financial (IFS) rating with a positive outlook to ASR Re Limited (ASR Re).
Trends of a Rapidly Evolving Landscape
Johannesburg, South Africa// – Allianz Commercial South Africa, in partnership with Cox Yeats hosted a hybrid panel discussion on September 4, 2024. The event, held at Cox Yeats’ office in Sandton, brought together industry experts to delve into the pressing issue of Cyber Crime.