- South Sudan's peace deal hangs in the balance
- Who is the boss? Successfully understanding money, power and politics to enhance business operations and profitability
- Ten Tips for Effective Crisis Management Planning
- Ghana's currency risk to persist despite change in central bank leadership
- 6 reasons to invest in Africa
- Lessons in entrepreneurship, from two of Africa's most successful business leaders
- Africa's digital revolution: a look at the technologies, trends and people driving it
- The struggle for survival
- Corporate reputation: It certainly matters
- Costs of Company-Community Conflict
- Regulation in Africa - a barrier to growth
- The need for enterprise resilience has never been greater - five ways companies operating in Africa can deliver
- Buhari's controversial decision to appoint himself petroleum minister could halt reform
- Burkina Faso 'B-/B' ratings affirmed, despite political volatility; outlook remains stable
- What's in it for me? Personalities, enticements and party loyalties in Tanzania's 2015 elections
- A costly stay at the Darkhotel
- The danger lurking in the lobby: Cyber risk and business travel
- Political turmoil in Burkino Faso causing disruption and escalating security risk
- South Sudan - Peace deal signed, but ongoing security challenges undermine economic outlook
- Zambia - Continued economic headwinds will complicate the ruling party's campaign for 2016 election
- Ivory Coast - Investors will be watching October 2015 for a repeat of 2010 electoral violence
- Entrepreneurship and innovation in Kenya - Inside east Africa's technology hub
- Cyber Security and the Power Sector in Africa
- Chinese investments into Africa - the African perspective
Investors and governments across Africa appear to be pausing in the wake of the UK’s decision to leave the European Union (EU).
Shareholders and those with deposits at Skye Bank are jittery after the decision by the Central Bank of Nigeria (CBN) to sack the board and management in early July.
The slowdown in Sub Saharan African activity is likely to continue this year – dropping to 3% according to the International Monetary Fund, and 2.6% according to trade credit insurer Coface.
In February 2016, Switzerland-based insurer Zurich Insurance Group confirmed that it was undertaking a strategic review to reshape its geographical footprint and improve profitability. The result of this review rippled through the African insurance market in June and July, with confirmation that Zurich Assurances Maroc (ZAM) and Zurich Insurance Company South Africa (Zurich SA) had been sold.
Insurance buyers in Africa will be able to enjoy more risk transfer options and extra capacity following news that Ironshore’s Pembroke Managing Agency has entered into a management agreement with Old Mutual Group to underwrite select specialty lines on the continent.
The African Development Bank (AfDB) and the African Securities Exchanges Association (ASEA) have signed a five-year Memorandum of Understanding (MoU) to “amplify the impact of their strategically aligned joint efforts to promote resources mobilisation to fund Africa’s economic growth”.
Rating actions, New kidnap and cyber products, Angolan risk grows, Shariah move, Risk management partners and Ace now Chubb in SA.
Well, it’s happened – against the expectations of many and clearly a surprise to the UK’s politicians, the general public has voted for the UK to leave the European Union.
More than 61 million people in Africa are now covered by a microinsurance policy – a 63% increase in premium income compared to 2011 figures.
The number of militant Islamist attacks in Africa rose dramatically between 2009 and 2015, according to new research released by IHS.
Renewed civil war is likely in north and central Mali and in South Sudan, while the US government has voiced concern around escalating violence in Central African Republic.
The total number of kidnaps for ransom during 2016 in the Gulf of Guinea has already surpassed the total number of incidents recorded by the International Maritime Bureau for 2015. The UK P&I Club has issued a warning to all those involved in the shipping sector to have access to experienced and professional advice regarding kidnap response management.
The recent takeover of Skye Bank by the Central Bank of Nigeria to protect depositors’ funds as the bank floundered on liquidity and capital adequacy ratios has raised, once again, the contentious issue of risk management in Nigerian banks.
Commercial Risk Africa caught up with Chaucer CEO, Johan Slabbert, to get further details on his firm’s new tie-up with Axa, to launch Axa Africa Specialty Risks.
A new report from Swiss Re reveals that non-life premium growth in Africa was subdued at 1.3% in 2015 (2014: 1.2%). Commercial Risk Africa takes a look at the report and speaks to Lukas Mueller, head of north and Sub Saharan Africa at Swiss Re, about the findings.
Following on from the publication of Swiss Re’s global insurance report, AM Best has taken a deeper look at Sub Saharan Africa. In this, as Commercial Risk Africa reports, there is a clear warning about the future of risk management across the continent.
The past few years have been torrid for much of the mining sector globally, with commodity prices falling, labour costs rising, environmental issues coming to the fore and myriad other threats. David Kaye reports on the African picture.
David Kaye takes a look at a new report from brokers Willis Towers Watson, which looks more closely at the threats facing risk managers on the ground in the mining and minerals sector.
Politics, currency volatility and spotting the next tech disruptor dominate South Africa’s risk outlook.
South African information risk practitioner and immediate past president of ISACA South Africa, Ken Chikwanha, talks to Commercial Risk Africa about the growing risks around cybercrime and the way in which it increasingly figures in boardroom thinking.
Risk managers must continue to speak up at board level, even if it sometimes makes them unpopular – that is one of the central messages to emerge from the recent Risk Managers Association of Nigeria annual national conference.
Africa Re celebrated its first 40 years in business with a symposium in Kigali, attracting 300 insurers and other key market players. The message was on learning from the experience of the past but also looking forward to success in the future. As Africa Re CEO Corneille Karekezi told delegates, the organisation is determined to do more than just make profits – it wants to provide a firm platform for education and training to encourage greater takeup of insurance continent-wide.
The insurance sector still has a long way to go in building public confidence, as Steve Mbogo reports from the 2016 edition of the annual Africa Insurance & Reinsurance Conference in Nairobi.