Insurance

Trade credit insurers have been resilient to the effects of the pandemic, Fitch Ratings says, helped by sound risk underwriting, limited corporate insolvencies, and government-backed...

The National Insurance Commission (NIC) has revealed that full implementation of the Marine Cargo Insurance Protocol at the Ports of Ghana will take place before...

Importers and Exporters in Ghana are being encouraged to purchase marine insurance covers locally in order to get full guarantee on claims in the event...

The Nigerian Insurers Association (NIA) says Insurance companies paid N4 billion (Ghs 60 million) in claims to over 2000 businesses affected by the aftermath of...

Underwriting losses are expected to continue over the near term for the U.S. directors & officers (D&O) liability insurance segment despite a 67% cumulative increase...

The Social Security and National Insurance Trust (SSNIT), has been directed by the Acting Auditor-General (AG), Johnson Akuamoah Asiedu, to recompute and recover some Ghs...

The blocking of the Suez Canal and resulting disruption to global shipping is likely to cause a large loss event for the reinsurance industry, Fitch...

CIC Insurance Group posted a Sh296.8 million ($2.7 million) net loss in the year ended December, breaking its 13-year profit-making run that goes back to 2007....

Nigerian payments service provider CoralPay is in discussions with telecom companies to extend access to health insurance by mobile phone, CEO Chioma Nkechika tells The...

U.S. property/casualty (P/C) insurers maintained a modest underwriting profit in 2020 despite substantial catastrophe losses and tremendous uncertainty tied to the coronavirus pandemic. The industry...