27/9/2017/Fitch Ratings Cyber insurance has been a profitable business line for early market entrants and is a rapid growth segment, with global premium volume set to increase six- to eightfold within a decade, Fitch Ratings says. We expect cyber insurance business to be ratings neutral for most highly rated insurers […]
Insurance
Masawara Insurance Group drives digital strategy with SSP Pure Insurance
September 12, 2017/SSP Insurance technology specialist SSP (www.SSP-worldwide.com) has signed a new deal with the Masawara Group of insurance companies. The deal has seen SSP Pure Insurance deployed across Botswana Insurance Company Limited, Lion Assurance Company Limited and Zimnat Lion Insurance Company Limited in multiple African territories, all of which […]
Allianz buys Nigerian insurer for $35 mln in African push
30/8/2017/Reuters Chijioke Ohuocha Germany’s Allianz plans to pay $35 million for 98 percent stake in Nigerian insurer Ensure Insurance in a push for growth in Africa, where many people are uninsured. Foreign insurers are banking on growing premiums as the continent develops its infrastructure and a consumer class demands protection […]
