African insurance markets suffer from cut-throat competition and excess capacity, African Insurance Organisation (AIO)Secretary-General, Prisca Soares has said. Soares, who spoke at the just-concluded AIO Conference, said this was not peculiar to Africa alone. She said as rates were low, regulators on the continent aim at protecting domestic insurers from foreign competition with higher entry […]
Read More Nigeria has emerged one of the top five insurance markets in Africa, ranking fifth with overall market share of 85 percent of premiums in the continent. General-Secretary of the African Insurance Organization, AIO, Ms Prisca Soares at a press conference after the launching of the second Africa Insurance Barometer at the on-going 44th AIO Conference […]
Read More
African Reinsurance Corporation, Continental Reinsurance Plc and 15 other organisations have extended corporate sponsorship to the 44th African Insurance Organisation (AIO) coming in Kampala, Uganda next week. The organisations take part in sponsoring lunch, dinner and other activities embedded in the four-day programme of the AIO with the theme “Furthering the Financial Inclusion Agenda of […]
Read More
