Singapore-headquartered Mobile-health Network Solutions (MNDR), a leading AI-powered digital health platform, has announced the signing of a non-binding Strategic Cooperation Framework Memorandum of Understanding (MoU) with Hector Capital Holdings.
African Reinsurance Corporation (Africa Re), together with a consortium of insurers and development partners and the Lagos State Government, has launched the Lagos Flood Risk Insurance Policy, sub-Saharan Africa's first parametric flood insurance solution.
The German state-owned development bank KfW has become the latest shareholder in the African Trade & Investment Development Insurance (ATIDI), becoming the 13th institutional shareholder in Africa's premier development insurer.
Financial services group ZimRe Holdings is accelerating its regional expansion strategy, targeting broader African markets on the back of stronger cash flows and a firmer balance sheet.
Insurance regulators across Africa are saying that the effects of the Middle East war are already feeding into insurance market fundamentals.
The African Reinsurance Corporation (Africa Re) says that it has delivered robust premium growth, improved underwriting profitability, and record investment income, culminating in a significant rise in net profit and total comprehensive income for the financial year ended 31 December 2025.
African Trade & Investment Development Insurance (ATIDI), Africa's leading multilateral insurer of trade risk, is seeking around $500m in capital from partners to support countries that face higher costs as a result of conflict in the Middle East.
The ongoing Middle East conflict is projected to lead to a loss in growth of at least 0.2 percentage points in Africa's GDP for 2026 if it exceeds six months, according to a policy brief released by the African Union.
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.