Nigeria will be hosting the Nairobi Declaration on Sustainable Insurance C-Suite meeting on 31st March 2022

The UN Environment Programme Finance Initiative’s Principles for Sustainable Insurance (PSI) initiative, FSD Africa, and the National Insurance Commission (NAICOM) of Nigeria will be hosting the Nairobi Declaration on Sustainable Insurance C-Suite meeting to be held in-person on 31st March 2022 in Lagos, Nigeria. Endorsed by the UN Secretary-General, the Principles for Sustainable Insurance (PSI) […]

African insurers urged to sign up to Nairobi Declaration on Sustainable Insurance

  Insurers have been urged to sign up to the Nairobi Declaration on Sustainable Insurance as a first step towards creating a sustainable insurance industry and to build resilience for the continent as a whole. Speaking at a breakfast briefing for insurance CEOs in Nairobi, Kelvin Massingham, director – risk and resilience at FSD Africa, […]

Africa Ahead signs Nairobi Declaration as key meeting planned

Africa Ahead: the Sustainability Challenge has signed the Nairobi Declaration, committing to enhance the knowledge and capacity of the African insurance industry on sustainable insurance. Managing editor Liz Booth said: “Signing the Nairobi Declaration was a natural move for us, as part of our DNA is to enhance communication and awareness among African insurance players about […]

ESG discipline leads to increased profitability

  Following environmental, social and governance (ESG) principles can actually lead to an increase in profit, suggests the CFO of a large African insurer. Kevin Nyakeri, chief financial officer at ICEA Lion Life Assurance, explained that a switch to ESG principles has resulted in less business but higher profits. He said that following ESG principles […]