The President of the African Insurance Organisation (AIO), Mr. Tope Smart, has expressed concerns over the drop in insurance penetration from 2.78 percent in 2019 to two percent in 2020. Mr. Smart spoke at the insurance retreat for Africa organiZed by the government of Zanzibar at Madinat el Bahr, Zanzibar recently. “In 2019, while the … Continue reading AIO Concerned As African Insurance Penetration Dips