Fraud risk management in Namibia’s life insurance sector
By Timmy Munikaseke Life insurance fraud is a growing issue in Namibia. A recent real-life case in 2024 revealed how ...
Tag: insurance
Global disasters could spark rising insurance costs in Namibia
The Namibia Financial Institutions Supervisory Authority (NAMFISA) says global events, particularly major disasters impacting reinsurance costs, influence the country’s insurance ...
Namibia loses over N$500 million annually in marine, aviation insurance premiums
Namibia is experiencing an annual outflow of over N$500 million in insurance premiums due to the absence of local insurers ...
Protecting Your Home and What’s Inside: A Q&A with Ileni Shithigona from FNB Short-Term Insurance
In Episode 12 of The Property Buyers Guide, Justina Hamupembe, also known as YourHomeGirl, discusses the importance of homeowner’s and household ...
NAMFISA recovers over N$2.7m for consumers in Q3 2024
#image_title The Namibia Financial Institutions Supervisory Authority (NAMFISA) has announced the recovery of over N$2.7 million for consumers in the ...
Namibia risks N$5 billion annual losses due to poor roads
Namibia could lose N$5 billion annually due to high road transport costs caused by inefficiencies and poor infrastructure, according to ...
NAMFISAÂ submits Agri-Index Insurance plans to finance Ministry
The Namibia Financial Institutions Supervisory Authority (NAMFISA) has submitted a comprehensive roadmap for the Agri-Index Insurance programme to the Minister ...
Why you shouldn’t halt premiums for life insurance and retirement funds
With the rising cost of living, many Namibians are burdened by financial pressure, which is aggravated by inflation. Facing increasing ...
Sanlam Namibia boasts N$4.6bn in assets, eyes oil and gas business
Sanlam Namibia says its assets increased by N$500 million to N$4.6 billion in 2023 from the N$4.1 billion reported in ...
John Uusiku appointed new NASRIA MD
John Uusiku has been appointed as the new Managing Director and Principal Officer of Namibia Special Risks Insurance Association (NASRIA). ...
