Canadian P&C underwriting – what will happen in 2022? & more…Keep up with what has been happening this week in our latest insurance news round-up…

Canadian P&C underwriting – what will happen in 2022?

Canada’s property and casualty (P&C) insurance sector will continue to experience robust underwriting performance until 2022, driven by lower auto claims frequency and a favourable pricing market, global credit ratings agency DBRS Morningstar predicts.

COVID-19 a turning point for Africa’s insurance sector

The aftermath of COVID-19 will be a turning point for the entire insurance sector in Africa, according to Tope Smart, who will assume the role of President of the African Insurance Organisation (AIO) next year.

Why central bank lifted freeze on licensing of new insurance firms

The National Bank of Rwanda (BNR) has announced it will resume the licensing of new insurance firms in January next year, lifting a nearly three year freeze on the process.

Four trends that will shape the short-term insurance industry in 2022

It’s two years into a world ravaged by the Covid-19 pandemic – and just when you thought it was safe to start living a relatively normal life again, along came Omicron. But the new variant is unlikely to have a major impact on the South African short-term insurance industry, which is looking to grow in 2022 as demand for insurance continues to rise.

RSA takeover set to complete by end of May & more...

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