Intelligence
Research, insights, data and media on African institutional capital, markets and regions.
Intelligence overviewAnalysis
Solutions
Three practices, one obligation — and the platform that connects African asset owners to capital, opportunities and peers.
Solutions overviewOur practices
About AOA
Executive & board-level immersion for insurers
Inaugural Cohort
Building the investment architecture of African insurance balance sheets — translating liabilities, solvency capital and growth ambitions into live, boardroom-ready investment decisions.
Dates to be announced
Dates and location for the inaugural cohort will be announced. Registration of interest is open.
The context
African insurers and reinsurers hold some of the continent's most stable long-term capital. Life and annuity books carry long-dated liabilities; general and reinsurance balance sheets need liquidity, resilience and capital efficiency.
Investment portfolios have historically been concentrated in domestic government securities, bank deposits and property, leaving balance sheets exposed to sovereign, currency and inflation risk. Risk-based capital regimes and recapitalisation programmes across major markets are raising the bar — the binding constraint is no longer appetite to diversify, but the capability to do it within solvency, liquidity and governance limits.
Insuring Beyond helps insurance leaders build portfolios that match their liabilities, earn their capital charge and support the real economy — from infrastructure debt and private credit to international diversification and local-currency real assets.
Balancing the balance sheet
How can insurers move beyond concentrated domestic sovereign and deposit exposure into infrastructure, private credit and global assets — while staying within solvency capital, liquidity and regulatory limits?
How can insurance boards translate asset-liability strategy into live, approvable investment mandates that improve returns per unit of capital and protect policyholders?
Three layers of value
Industry impact
Liability-led, capital-aware decision-making and rigorous manager protocols that accelerate the sophistication of African insurance portfolios.
Organisational resilience
An ALM-aligned roadmap, solvency-tested allocation matrix, vetted managers and governance playbooks — compressing decision-to-deployment timelines.
Leadership equity
Hands-on due-diligence mastery, access to a vetted peer network, and the credibility to champion new asset classes to boards and regulators.
Institutional deliverables
A fully finalised, board-ready investment pack designed for immediate review by the Investment Committee, Risk Committee and Board of Directors.
A written implementation strategy aligned with the board's risk appetite, liability profile and solvency targets.
Each opportunity tested for its solvency capital charge, liquidity needs and asset-liability fit before it goes to committee.
A vetted pipeline of managers, transaction structures and co-investment opportunities matched to the mandate.
A committee-ready submission pack, with a governance approval workplan and a 90-day execution framework with clear executive accountability.
Explore
How Insuring Beyond works and the ten-stage execution pipeline.
Who the cohort is built for and how to send a team.
Inclusions and the documents your committee will need.
Every institution arrives with an investment priority, a capital constraint and an internal decision pathway. Every institution leaves with a mandate its board can act on.