GEB News - Special on Africa

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Jeremy McDaniels is one of the author of the report "Insurance 2030: Harnessing insurance for sustainable development", produced jointly by the Principles for Sustainable Insurance (PSI) Initiative and the UNEP Inquiry into the Design of a Sustainable Financial System. 

Published in June…

Overview on opportunities and challenges ahead for businesses operating in Africa Unique human capital potential

Over 1 billion population

Growth rate over 5% for 15 years

Large emerging consumer market

1 out of 2 continue to live in extreme poverty…

Francesca Bausang from BMI Research illustrates why, despite a challenging macroeconomic environment, there are many compelling investment opportunities in a variety of sectors across Sub-Saharan Africa (SSA). This article identifies the most resilient economies and…

Insurance penetration across Africa remains low, at a rate of around 1 per cent overall and with only 7 countries with a penetration rate exceeding 2 percent (Making Finance Work for Africa - African Development Bank Group).

South Africa (15.4%), Namibia (7.7%), and Mauritius (5.8%), are…

Do not consider Africa as a single country:

54 countries, 8 regional communities, 4 business languages National or regional regulations Few insurers operating across multiple countries

Respect insurance regulations:

Highly regulated markets - Regulation is not static…

With its historical presence and over 9000 employees across Africa, Total has been witnessing the evolution of the Employee Benefits sector in the continent. We discuss with Mr Jean-François Beautems, Head of Insurance (Group Employee Benefits), about achievements and opportunities for growth…

Africa economies are expected to keep growing in the long-term. Social and demographic changes, from the growing urban population to its expanding labour force, will continue to make Africa an attractive business destination. 

This expansion will drive increasing demand for benefits…

City clinics in support to remote site operations

In cities closest to major industrial sites where medical services are not sufficiently developed, clinics operated either independently or as implants in existing facilities have been established to ensure that emergency stabilization is…

Generali Employee Benefits has partnered in Africa with leading privately - owned companies in the continent. They are playing a major role in promoting local markets development and in ensuring consistent quality and simplified solutions to companies operating across countries in the region.…

Established in 1980, the Hollard Insurance Group is today South Africa’s largest privately - owned insurance group. Since its start, the Group has been devoted to match the needs of corporate customers in Africa and nurture long term business partnerships.

In 2009 Hollard entered an…

The Jubilee Insurance Company Kenya Limited (JICKL) was incorporated in 1937 as a composite insurer based in Mombasa becoming the first locally incorporated insurance company in Kenya. Jubilee Insurance has spread its sphere of influence throughout the region to become the largest multi-line…

SAHAM Finances is the insurance arm of the SAHAM Group and mainly works in the insurance, Assistance and Third party Administrator (TPA) sectors, by bringing together two flagship brands: SAHAM Assurance and SAHAM Assistance.

Today a truly pan-African leader, SAHAM Finances has been…