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FCA Levies £5.8M Fine Against Ghana International Bank

24 June 2022 alastair walker 0

Latest from the FCA; The FCA has fined Ghana International Bank Plc (GIB) £5,829,900 for poor anti-money laundering and counter-terrorist financing controls over its correspondent banking activities. GIB provided correspondent banking services to overseas banks. […]

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News

Deals: Proparco Invests in Mauritius Insurer

7 June 2022 alastair walker 0

MUA Ltd, a regional insurer with operations in Mauritius, Kenya, Uganda, Rwanda, Tanzania, and the Seychelles, is pleased to announce the proposed equity investment of USD 10M by Proparco, a leading Development Finance Institution (DFI), […]

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InsureTech

ETAP Raises $1.5m in Pre-Seed Round

20 April 2022 alastair walker 0

Latest news from ETAP, who have secured fresh funding; ETAP, an insurtech startup that makes it easier to buy and claim insurance, has secured $1.5 million in pre-seed funding to grow its team and drive […]

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Global insurance trends

Price Forbes SA Secures New Investment

31 March 2022 alastair walker 0

Price Forbes South Africa is pleased to announce an investment by Medu Capital to support its buy-and-build strategy. Medu Capital is a 100% black-owned investment management company with strong connections in South Africa and throughout […]

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Travel Insurance

Botswana Variant Panic? Not At battleface, Travel Cover Still Valid

26 November 2021 alastair walker 0

The mainstream media has screaming for the panic button to be pressed once again, this time the Covid threat is the `deadly’ Botswana variant. IE magazine looked online to see how this variant had affected […]

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News

Latest Financials From Hannover Re

4 November 2021 alastair walker 0

We cherry-picked some interesting data from the latest Hannover Re financials; Group net income in the first nine months of the financial year was up by 28% which is impressive, here’s some details. Group net […]

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Global insurance trends

Microinsurance Can Be Affordable & Inclusive

27 October 2021 alastair walker 0

A significant surge in the global demand for health insurance across the world’s emerging economies offers ‘the most significant market and ESG opportunity in decades’ for insurers, according to the international body representing the global […]

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InsureTech

Munich Re Launches Predictor in South Africa

13 October 2021 alastair walker 0

Munich Re Automation Solutions, the leading provider of insurtech solutions to the life insurance industry, has today launched its advanced predictive underwriting enablement technology, Predictor, in South Africa. Over the last few years, firms have come […]

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