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.
Region
MEA
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…
Nigeria’s NAICOM Issues First Insurtech Licence, Opening Africa’s Largest Insurance Market to Digital Operators
Nigeria's NAICOM grants first insurtech licence, confirming NIIRA 2025 operational and opening Africa's largest market at 0.5% GDP penetration to digital operators.
GCC Insurers Post $714M Net Profit in Q1 2026 as Regulatory Mandates Drive 13.6% Revenue Growth
GCC listed insurers posted $10.75B revenue (+13.6%) and $714M net profit (+14.7%) in Q1 2026, driven by Saudi Arabia's mandatory cession rules, UAE health…
Africa Re at Kigali CEO Forum: 80% of African Disaster Losses Go Uninsured
Africa Re: 80%+ of Africa's catastrophe losses are uninsured and $32 billion in economic damage went uncovered between 2019 and 2023, per Kigali CEO…
Nigeria Ends Takaful-Conventional Coinsurance, Forcing Africa’s Largest Insurance Market to Choose Sides
Nigeria's NAICOM banned Takaful-conventional coinsurance effective January 2026, forcing structural market separation in Africa's largest insurance economy before domestic Retakaful infrastructure exists.