African Risk Capacity (ARC) has confirmed the appointment of Mr David Maslo as its CEO. He originally led ARC as Interim CEO.
The Tunisian insurance sector is set for a profound transformation by 2030, with nationwide natural disaster insurance coverage, reform of the Insurance Code and an overhaul of the motor vehicle regime, according to the five-year strategic development plan unveiled by the General Insurance Committee (CGA).
Companies in the food, beverage and agriculture sectors are facing a more challenging operating environment this year as concerns over food safety, supply chain disruptions and rising costs intensify.
Howden Re has appointed Mr David Song as Managing Director, Head of Retrocession, Greater China, effective October once his contractual obligations to his previous employer have been fulfilled; Mr Mike Xin as Managing Director, Head of Agriculture, APAC, effective 13 July; and Mr Zhu Houqin as Managing Director, Head of China Treaty.
In May 2026, successive low-pressure systems brought destructive flooding, landslides and damaging winds to large parts of South Africa, and caused fatalities, widespread damage to buildings and major infrastructure disruption across long stretches of coastline and interior provinces.
In May 2026, southern and central China experienced exceptionally heavy rainfall, which triggered widespread flooding, and caused multiple fatalities and displacement of tens of thousands of people. Several provinces also grappled with significant disruption to infrastructure, agriculture and supply chains.
The state-owned Caisse Nationale de Mutualite Agricole (CNMA, National Agricultural Mutual Fund) has posted positive financial results for 2025, with an improvement in the performance of its various insurance branches.
Treasury Cabinet Secretary John Mbadi has announced that the Government has initiated amendments to the Insurance Act to establish agricultural insurance as a standalone class of insurance business.
3IF Ventures (the Fund), the first impact venture capital fund dedicated to Africa's insurance start-up ecosystem, has announced the First Close of the Inclusive Insurance Investment Fund (3IF Ventures) at $12m.
CASH Assurances will launch agriculture insurance plans in June 2026, as part of its diversification strategy.