Iran conflict drives insurance costs in Africa - Business Insurance

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Iran conflict drives insurance costs in Africa - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Iran conflict drives insurance costs in Africa Apr 24, 2026 Godfrey Kiptum, chief executive officer of the Insurance Regulatory Authority Kenya, said the knock-on effects of the ongoing Iran conflict across Africa include rising inflation and higher interest rates, with direct implications for insurers through elevated claims costs, reduced investment returns and tighter liquidity conditions, The Independent reported. Kiptum added that insurance costs have already begun to rise across the continent as surging global oil prices ripple through key sectors. Read more Related News Samsung strike could cost $674M daily April 24, 2026 Iran conflict drives insurance costs in Africa April 24, 2026 Rokstone launches $25M casualty binder April 24, 2026 Insurers’ temp staff downloaded sensitive data from Toyota: Report April 24, 2026 China faces mounting uninsured cat losses April 24, 2026 PartnerRe announces APAC leadership changes April 24, 2026 Croatia’s insurers enjoy 8% premium bump April 24, 2026 Large Singapore firms face rising war-linked costs: report April 24, 2026 Berkley names president of environmental unit April 24, 2026 Facebook-f X-twitter Linkedin-in Business Insurance is a singular, authoritative news and information source for executives focused upon risk management, risk transfer and risk financing. Never miss important news: Become a Business Insurance Online subscriber today Subscribe Now Information About Us Contact Advertise Privacy Policy Terms & Conditions Copyright 2026. BUSINESS INSURANCE HOLDINGS Member, Beacon International Group, Ltd.

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