Retrospective Africa 2003-2012

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• December
  Cameroon: Cameroonian companies targeted by CIMA Tanzania: The insurance sector on substantial growth
• November
  Rwanda: Swiss Re embarks on microinsurance Zimbabwe: Old Mutual nominated model employer
• October
  Kenya: Profits for the first time in a decade for motor insurance Nigeria: Air crash of Dana Air, blockage of compensation mechanism
• July
  Namibia: MMI Holding acquires Momentum Short Term Insurance Senegal: Cameroonian insurer, Saar, sets foot in Senegal
• June
  Microinsurance is regulated by the CIMA Code Kenya: Motor insurers brought to justice for raising tariffs
• May
  Angola: The Angolan market wakes up South Africa: An insurance product exclusively designed for women
• April
  Madagascar: Storm Irina Zimbabwe: Zep Re is getting established in Zimbabwe
• March
  Nigeria: The number of fraudulent insurers is worrisome Rwanda: FANAF’s meeting in Kigali
• February
  Cameroon: Unpaid premiums, Cameroonian insurers are following CIMA’s recommendation Côte d’Ivoire: A booming insurance business
• January
  Failure of ECOWAS brown card South Africa: Old Mutual is parting with its activities in Northern Europe

• December
  COMESA Zone: Indemnification limits will be revised upwards Kenya: Rising demand for political risks
• November
  Kenya: ICEA is merging with Lion of Kenya South Africa: Joint venture between Hollard and PICC
• October
  Nigeria: NSIA is getting established in Nigeria Uganda: Increase of paid up capital
• July
  Kenya: Kenya Re tackles political risks Nigeria: Rising turnover for the African Aviation Pool
• June
  Malawi: High insurance penetration rate South Africa: Insurance fraud is costly
• May
  Burkina Faso: Coris Assurance, a new insurance company was born Nigeria: The insurance industry has lost 1.3 billion USD because of the crisis
• April
  Rwanda: Growth of insurance Sierra Leone: Launch of Waica Reinsurance Corporation
• March
  Burkina Faso: Launch of Globus Re Nigeria: A growth of 34% in premiums between 2007 and 2009
• February
  Kenya: A clean-up of the insurance business Mauritius: Restructuring of insurance operations
• January
  Ghana: Insurers urged to reduce indemnification’s deadlines Uganda: Insurance regulation is insufficient

• December
  Botswana: FMRE is getting established in Botswana Côte d’Ivoire: CICA-Re is getting established in Côte d'Ivoire
• November
  Côte d’Ivoire: The Ivorian market is driven by life insurance Kenya: Insurers double the price of motor coverage
• October
  Globus network keeps on developing South Africa: Old Mutual is targeting Africa
• July
  Munich Re is intent on increasing its premiums’ volume in Africa Kenya: The new law on insurers’ capitalization is in force
• June
  Nigeria: NAICOM estimates the market potential at 40 billion USD by 2020 South Africa: Five billion USD of engagements for the Soccer World Cup
• May
  Inauguration of NSIA subsidiaries in Mali and Guinea South Africa: Leapfrog is targeting South Africa
• April
  Kenya: The insurance companies are seeking new strategies to attract clients Rwanda: Qualified insurance staff is scarce
• March
  D.R. Congo: Opening the market to competition Kenya: Motor insurance tariffs are rising sharply
• February
  Gabon: CIMA, taxation of insurance premiums Kenya: Fierce competition on the insurance market pulls prices down
• January
  Côte d’Ivoire: Colina pursues its extension in Ghana and Benin Ghana: Allianz Africa is getting established in Ghana

• December
  Côte d’Ivoire: Serenity, new Ivorian insurance company Guinea: NSIA Guinea has obtained a license in life and non-life activities
• November
  Cameroon: NSIA has got winds in its sails Uganda: The insurance market under surveillance
• October
  Ghana: Activa has set foot in Ghana South Africa: Scor opens a subsidiary in Johannesburg
• July
  Angola: Compulsory motor insurance Rwanda: Alarming report on insurance in Eastern Africa
• June
  Nigeria: Compensation for the families of victims of air crashes South Africa: All non-life business of Swiss Re is transferred to Zurich
• May
  Côte d’Ivoire: Good growth for the Ivorian market Nigeria: Staco Insurance voted best insurance company
• April
  Ethiopia: Ethiopian farmers become owners of Oromia Insurance Senegal: Colina has set up a new company in Senegal
• March
  Somalia: Increasing acts of maritime piracy Zimbabwe: The dollarization will reinvigorate the insurance sector
• February
  Eastern Africa: An agreement protocol will be signed between four African countries Nigeria: Two new compulsory insurance policies have been introduced in 2008
• January
  Chad: Star National increases its capital Senegal: Official inauguration of Askia Assurance

• December
  Burkina Faso: Road accident Kenya: Probable closeout of AIG’s business in Africa
• November
  Ethiopia: Introduction of microinsurance in the Tigray Mauritius: BAI has commercialized the first Islamic insurance
• October
  D.R. Congo: Modernization and development of SONAS Uganda: Catholic Church has created a new insurance company
• July
  Kenya: Health insurance plan for low-income’s people Madagascar: Establishment of a supplementary tax on insurance policies
• June
  Rwanda: Acquisition of 35% of SONARWA’ share capital Togo: CICA Re, implementation of a strategic plan of development
• May
  Burundi: Army faces difficulties to be ensured South Africa: 13% increase of life’s turnover
• April
  Mali: Creation of Nouvelle Alliance d’Assurance South Africa: Santam nominated best non-life insurance company in 2007
• March
  Nigeria: NAICOM enacted a new regulation South Africa: Insurance against hooliganism’ risk
• February
  Mali: Fire at CNAR’s headquarters Senegal: Cancellation of the «Dakar 2008»
• January
  Mali: FANAF will have to elect its new President Nigeria: Continental Re, best company of the year

• December
  South Africa: Old Mutual is ceding 77% of Mutual & Federal Insurance Zimbabwe: Zim Re Mozambique, a local reinsurer is born
• November
  Cameroon: The market is attracting new players Tanzania: Authorities plans on reforming bancassurance
• October
  Heavy toll for the July floods Kenya: Swiss Re launches Climate Adaptation Development Programme
• July
  Namibia: Creation of a new company Nigeria: Continental Re is getting listed
• June
  Kenya: Crash of a Kenya Airways boeing in Cameroon Senegal: Creation of a new insurance company
• May
  Burundi: SOCABU's recapitalization is delayed Namibia: INSCON management put on probation
• April
  Kenya: A new team at the top of Kenya Re Mauritius: Rainbow Insurance, prohibited on practising insurance
• March
  Cameroon: A clean-up campaign for brokers South Africa: "Zemle" scheme for low-icome population
• February
  South Africa: Raise of motor insurance tariffs Zimbabwe: Old Mutual announced its huge investment plan across the country
• January
  Cameroon: CIMA withdraws the license of Satellite Insurance Company Nigeria: Merger between Continental Re and Globe Re

• December
  Angola: Mundial Seguros is about to open five subsidiaries in province Kenya: The climate change risks and its consequences should cost 1000 billion USD for the next 30 years
• November
  Kenya: Privatization of Kenya Re Nigeria: Aviation disaster
• October
  Burkina Faso: New insurance company, Raynal Assurances South Africa: Santam, first African insurance company in 2005
• July
  Cameroon: ASAC, adoption of a code of ethics Uganda: Recapitalization of insurance companies
• June
  Cameroon: Difficulties for motor insurance Nigeria: Oil installations’ sabotage
• May
  South Africa: Raise of insurance fraud cost South Africa: Only 40% of drivers are covered by insurance
• April
  South Africa: Santam goes into low-cost insurance Uganda: Lion Assurance, 300% increase in premium volume
• March
  Madagascar: New insurance company, Colina Madagascar Nigeria: A motor database to fight insurance fraud
• February
  Cameroon: Pink card, harmonizing procedures Madagascar: Launching of AGF Madagascar
• January
  Ethiopia: Rejection of the financial statement of United Insurance Uganda: Minimum share capital, new legislative provisions

• December
  Côte d’Ivoire: The Ivorian conflict would have cost 535 million USD to insurers South Africa: 87% of South Africa’s population would not have a life insurance policy
• November
  Nigeria: More than a hundred deaths caused by Bellview Airlines plane crash Zambia: ZSIC’s insurance scheme for executive staff
• October
  Tanzania: Tan Re got authorities’ approval Zambia: Sanlam bought out the totality of African Life Group
• July
  South Africa: Reinsurance lost its attraction to investors South Africa: A record number of claims registered
• June
  Cameroon: Colina buys out 35% of La Citoyenne South Africa: Side effects of the executives properties’ publication
• May
  Ethiopia: A drought insurance project Tanzania: Announced privatization of National Insurance Company
• April
  Côte d’Ivoire: Increase of the tariffs of motor insurance Senegal: Artisanal fishing is now covered
• March
  Kenya: Creation of a guarantee fund Nigeria: The World Bank owns 8% of Africa Re
• February
  Harmonization of AGF’ corporates names in Africa South Africa: Compensation of the tsunami’s victims
• January
  Mauritius: New regulation to face international competition South Africa: Strategic partnership between Sanlam and Thebe Investment

• December
  Côte d’Ivoire: Creation of Aveni Re South Africa: HIV exclusion of the policies could be cancelled by January
• November
  Cameroon: More than 15% drivers in Yaoundé are in infraction Ghana: Implementation of a new health insurance scheme
• October
  Kenya: ALICO Kenya becomes CFC Life Assurance Company Senegal: SNAS renamed AGF Senegal
• September
  Mauritius: Compulsory travel insurance for Schengen area Nigeria: NAICOM will soon establish its anti-corruption unit
• June
  Gabon: Assessment of Gabon Express’ plane crash at Libreville Nigeria: Africa Re stands among the top 150 world reinsurers
• May
  South Africa: SANTAM’s conviction is affecting all insurers Zimbabwe: Changes in the minimum capital of insurance companies
• April
  Côte d’Ivoire: Entry in force of a new motor insurance tarification Nigeria: Entry into force of a new law regulating brokerage activities
• March
  Mauritius: Financial Services Commission is reinforcing the supervision of insurance agents South Africa: Channel Life, first large-scale insurer controlled by black investors group
• February
  Congo: Liberalization of the market South Africa: Old Mutual bought out RSA’s shares of Mutual & Federal Insurance
• January
  Benin: Assessment of the 727’s crash in Cotonou Zimbabwe: 19 Insurance companies will be created

• December
  Cameroon: The case of the "Boeing 767" of Cameroon Airlines has advanced CEO’s departure Uganda: 2002 results frozen after four years of growth
• November
  Mauritius: Leadway Insurance under FSC’s supervision South Africa: Alexander Forbes purchased 55% of Liberty Insurance Brokers
• October
  Gabon: The 9th "Reinsurance Forum" in Libreville Nigeria: Rebirth of the Nigerian oil and energy insurance pool
• September
  Senegal: Compensation for the families of the Joola victims could be doubled Sudan: Assessment of Sudan Airways’s Boeing crash
• July
  Madagascar: Assessment of cyclone Manou South Africa: Old Mutual embarks on bancassurance