Insurance

Stanbic IBTC Seeks Regulatory Approval to Establish a Wholly-Owned Life Insurance Subsidiary

July 24, 2020/NSE Stanbic IBTC Holdings PLC (“Stanbic IBTC” or “the Company”), wishes to announce that it has commenced the process of seeking Regulatory approvals to establish a wholly-owned Life Insurance subsidiary to be known and referred to as Stanbic IBTC Insurance Limited. The commencement of operations for this proposed […]

ARC Insurance Names Jennifer Blanke as Non-Executive Director

July 13, 2020/ARC The African Risk Capacity Insurance Limited (ARC Ltd) has appointed Dr Jennifer Blanke to its Board of Directors. Dr Blanke was, until recently, the Vice-President for Agriculture, Human and Social Development of the African Development Bank Group, based in Abidjan, Cote d’Ivoire, where she was responsible for […]

Govt of Zimbabwe Receives $1.755 Million from ARC to Combat Drought Risk Amidst COVID19 Pandemic

July 9, 2020/ARC Johannesburg, July 8, 2020. The African Risk Capacity Insurance Company Limited (ARC Ltd) today made payouts of USD 1.4 million to the Government of Zimbabwe and another US$ 290,288 to UN World Food Programme (WFP), in parametric drought risk insurance payouts to support the extensive drought response […]