Deal momentum in Africa will remain largely stable in 2026, with an increased focus on infrastructure development, securing critical minerals, and ensuring food security, according to the world's biggest insurance brokerage, Marsh, in its "Transactional risk insurance - 2025" report.
The Cameroonian insurance market generated total premiums of approximately FCFA300bn ($528m) in 2025, according to official but provisional data. This represents an increase of 3.9% over total premiums of FCFA288.7bn in 2024.
The Mauritian Financial Services Commission has approved the acquisition of Rokstone Underwriting Mauritius, a managing general agent, by TRM Holdings.
Cameroonian Eric Rochereau Kouaghu Tchuisseu has been appointed the Secretary General of the Inter-African Conference of Insurance Markets (CIMA), the regulatory body for the insuance sector of 14 Central and West African countries.
AfrexInsure, the wholly-owned specialty insurance subsidiary of African Export-Import Bank (Afreximbank), has announced the appointment of Mr Lesley Ndlovu as its new CEO, replacing Mr Jonas Mushosho.
AXA has announced the establishment of a new regional entity named AXA Afrique Atlantique, where the company looks to group the markets of Cameroon, Gabon, Ivory Coast, Morocco and Senegal under a single organisational structure.
The International Finance Corporation (IFC) has proposed granting a guarantee facility of up to $50m to ZEP-Re to cover the reinsurance credit risk of the Nairobi-headquartered reinsurer.
Cameroon's insurance market reached a new milestone in the 2024 financial year, achieving a total revenue (premiums written) of FCFA288.7bn ($519m), according to data released by the Ministry of Finance. This performance represents a 5.1% growth compared to 2023, when premium revenue was around FGFA274.6bn.
Ascoma, the international brokerage network of the Chedid Capital Group, and ESA-Ecole Supérieure d'Assurances Paris (Paris School of Insurance) have formalised a strategic partnership dedicated to training insurance executives in Africa.
Mr Mamadou Koné has been elected President of the Federation of African National Insurance Companies (FANAF) for a three-year term. Mr Aymeric Kamega, CEO of ACAM Vie in Cameroon, was elected Vice President.