Africa: Insurance

Do you want to set up and Insurtech company in Nigeria? Then this article has detailed the basics that will make that possible for you. Before going deeply into them, we would take a sneak peak to discover what...

In order to adapt it to the current state of the insurance market, the Insurance Mediation and Brokerage Law was now published.

It has been reported that at the beginning of June 2024 nine people died and over 2000 households have been demolished due to sever flooding in the Eastern Cape.

On 12 April 2021, the policyholder, Mr Mavela, was involved in a motor vehicle collision on the R26 road between Hobhouse and Wepener in the Free State Province.

On 10 February 2021, the Plaintiff was injured by a falling glass window while walking on the pavement in front of the Defendant's premises, in Johannesburg. The glass window fell from the Defendant's building.

The Financial Sector Conduct Authority (FSCA) and Prudential Authority (PA) have announced that Joint Standard 1 of 2024 (Outsourcing by Insurers) and Joint Standard 2 of 2024 (Cybersecurity and Cyber Resilience Requirements), will be effective on 1 December 2024 and 1 June 2025 respectively.