The AfCFTA and the African Insurance Industry

The AfCFTA was formally operationalized on 1 January 2021 with the agreement covering the protocols on trade in goods and services as well as a protocol on rules and procedures for the settlement of disputes. The different sectors of the African economy have been coming together to evaluate its potential and define the roadmap for[…..]

Insurance policies go viral

The number of Covid-19 infections worldwide is nearing 250,000 and the death toll has exceeded 10,000, while the number of new patients diagnosed with the deadly virus in Thailand is rising rapidly. An infected patient's medical expenses may be more than 100,000 baht, as a patient recently posted on Facebook, triggering a panic-buying stampede for[.....]

Insurance and coronavirus (Covid-19): our expectations of firms

Many consumers are currently in a vulnerable position because of the coronavirus (Covid-19) pandemic. We expect insurers, given the unprecedented impact of coronavirus​​​​​, to be aware of the circumstances that their customers find themselves in. This web page is aimed at helping firms understand the FCA’s position. Read about our expectations of insurance firms. We[.....]