Category: Insurance

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.

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 […]

Lagos, Nigeria: Africa No Filter, a donor collaborative working to transform stereotypical narratives of Africa, has launched the Tony Elumelu Storytellers Fund.

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.

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.

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.

There are many threats currently targeting the Insurance Sector, and these threats have grown over the last few years significantly. This is primarily due to the fact that the industry holds a vast amount of monetary wealth.

Lagos, Nigeria//- ETAP, an insurtech startup that makes it easier to buy and claim insurance, has secured $1.5 million in pre-seed funding to grow its team and drive the adoption of much-needed car insurance across Africa.

Johannesburg, South Africa//- When the winners of the world’s most coveted film awards are revealed at the 94th Academy Awards on Sunday, Allianz Global Corporate & Specialty (AGCS) will be eagerly watching events unfold at the Dolby Theatre, where the trophies will be bestowed.

Insurance Companies that fail to meet the new minimum capital requirement by May this year may have to sell off their companies or merge with others. This is according to the Commissioner of Insurance for the National Insurance Commission (NIC), Justice Ofori.