Global insurance trends

Lagos State Govt Agrees Parametric Flood Cover Deal

A new multi-agency approach means there is now parametric cover in place for the flood-prone Lagos area, which usually has a serious flood every year. The Lagos State government has contracted a parametric flood-risk insurance […]

Global insurance trends

IAA Teams Up With Boacon Autos in Nigeria

IAA, Inc., a leading global digital marketplace connecting vehicle buyers and sellers, announces a strategic market alliance in Nigeria with Boacon Autos. As the company’s official partner in Nigeria, Boacon Autos will operate the local […]

Travel Insurance

FBN Teams Up With Collinson on Global Healthcare

FBNInsurance, a leading Nigerian life insurer and a member of the SANLAM group, has partnered  with Collinson, a global leader in travel, international health insurance and assistance solutions to launch SmartHealth International, a market specific […]

Global insurance trends

Insurance Trends: MAPFRE Research Highlights India & China

MAPFRE Economics has updated its Global Insurance Potential index (MAPFRE GIP) with the latest available data from 2019. This indicator is calculated for 96 insurance markets (including both developed and emerging markets), and the aim […]

Global insurance trends

Developing Markets: 1.7 Billion Adults Have No Access to Financial Services

Some 1.7 billion adults worldwide still don’t have access to a bank account, according to data released by the World Bank. The situation is slowly improving, however, with 1.2 billion people getting access to proper banking since […]

Global insurance trends

Events: Future Banking Tech Conference Fast Approaching in Lagos

Stakeholders and leaders in the banking industry across the West African region are set to gather in Lagos at The Future Banking Technology Summit on April 23rd-24th, to discuss efforts aimed at increasing financial inclusion […]

Insurance & Reinsurance

Allianz Completes Acquisition of Ensure Insurance

Allianz Group announced today the completion of the acquisition of 99.03 percent of the shares in Nigerian insurer Ensure Insurance plc from its core shareholder Greenoaks Global Holdings Ltd. (GGH). Ensure Insurance plc offers life and […]