NAICOM Backs Takaful as Nigeria’s N25bn Capital Floor Tests Operators
NAICOM backs takaful inclusion in Nigeria even as its N25bn capital floor and coinsurance ban test operators like Noor Takaful ahead of July 30.
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MEA
Kenya’s IRA Locks Marine Cargo Cover Into KRA’s Customs System
Kenya's marine cargo cover mandate took effect 1 July 2026, but the real shift is enforcement wired into KRA's customs software with Safaricom.
Global Commercial Insurance Rates Fall 6% in Q2 2026 as IMEA Leads Declines
Commercial insurance rates fell 6% globally in Q2 2026, the eighth straight quarterly drop, as IMEA overtook the Pacific as the steepest decliner.
Saudi Re Buys 22.5% of Lloyd’s Backer AdA in London Market Return
Saudi Re returns to Lloyd's with a 22.5% stake in AdA Risk Holding, an 18-month round trip from its 2024 Probitas exit to a…
Nigeria Enforces N10bn-N35bn Insurer Capital Floors by July 30
Nigeria insurance recapitalisation nears its climax as NAICOM enforces N10bn-N35bn capital floors before the fixed 30 July 2026 statutory deadline.
FSCA’s 2026 Three-Year Plan Redraws Compliance Priorities
FSCA regulation plan 2026 turns AI governance, 72% life-sector concentration and Two-Pot fee scrutiny into enforceable priorities for SA insurers.
Turaco’s Policy Sprint Reframes Microinsurance as Priceable Credit Risk
Microinsurance in Sub-Saharan Africa: Turaco ASA LifeCare enrolls 500,000 policies in four months; insured borrowers 60% less likely to default on loans.
OECD Cuts 2026 Outlook: What the Middle East Shock Means for Insurers
OECD 2026 economic outlook bifurcates global GDP at 2.8% vs 2.1%. We translate the OECD's Middle East scenarios into an insurer stress test: reserve…
Saudi Insurance Authority: End of SAMA’s Dual Mandate and What Comes Next
Saudi Arabia Insurance Authority is now sole regulator, replacing dual SAMA oversight. RBC parallel run begins 2026; mandatory Jan 2027.
3IF Ventures Closes $12m First Round to Back Africa’s Inclusive Insurance Infrastructure Layer
3IF Ventures closes $12m first round — anchored by FSD Africa ($6m), Swiss Re Foundation ($5m) and Zep Re — to fund embedded insurance…