Nigeria ranks fifth in Africa in terms of premiums: Swiss Re
Nigeria comes last in terms of insurance premiums among nine African markets...
Tag : Africa insurance
Nigerian insurtech Curacel secured $450,000 in pre-seed funding round
The funding was led by Atlantica Ventures and Consonance...
Allianz and CIB Egypt to provide insurance against online banking services
The insurance will also cover damages to digital property, business interruption, and investment expenditures...
South African insurtech Inclusivity Solutions secures $1.3 mn funding
The funding will be used by the startup to expand in its new markets as well as new ones...
South African insurer Sugar to insure homes in rural settlements
Sugar will target homes in townships, rural villages and informal settlements...
Kenya Re to set up re-takaful unit in Egypt in 2021
The insurer increased its cash reserves through issuance of 2.099 billion of new shares...
South Africa’s King Price buys Stangen, targets life insurance
King Price bought Stangen from African Phoenix Investments for R140 mn...
Egypt’s Misr Insurance targets 10% growth by June 2020
Chairperson Basel El Hini revealed that the company’s profits reached a record high of E£4 bn in 2019...
Kenya insurtech Turaco raises $1.2 mn to upgrade operations
Investors that took part in the funding round include Gan Ventures, Mercy Corps Ventures and Musha Ventures...
Chubb first property insurer to invest in Africa Trade Insurance
Chubb, which is the world’s biggest property insurer, will invest $10 mn in African Trade Insurance Agency...