Author: Adesina Alewale

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ARC and Lesotho sign MoU on disaster risk management

ARC and Lesotho sign MoU on disaster risk management

The African Risk Capacity (ARC) Group and the government of Lesotho have signed a Memorandum of Understanding (MoU) to address persistent climate risk [...]
Insurers have golden opportunity to back Nigerian growth

Insurers have golden opportunity to back Nigerian growth

Nigeria could realise its growth potential with greater connections between private and public enterprises, backed by insurance. According to a new [...]
Nigerian insurance market has significant potential for growth

Nigerian insurance market has significant potential for growth

AM Best has concluded Nigeria's substantial oil and gas reserves, its young and growing population and its position as Africa's largest economy contin [...]
Ugandan market proving resilient in face of Covid-19

Ugandan market proving resilient in face of Covid-19

The insurance industry in Uganda continued to see increased business in Q2 2020, according to data released by the Insurance Regulatory Authority (IRA [...]
More data needed on climate change risks

More data needed on climate change risks

Access to high-quality and granular hazard data on climate change futures is missing, warned some 63% of respondents to a poll by the UN Principles of [...]
Africa has golden opportunity for transformation

Africa has golden opportunity for transformation

The Covid-19 pandemic has eroded the overall improvement in risk-reward scores seen across the African continent in recent years, but this should not [...]
Reinsurers holding firm despite Covid-19 concerns

Reinsurers holding firm despite Covid-19 concerns

Two of Africa’s largest reinsurers have reported a solid first half-year, despite Covid-19, but both remain cautious about the months ahead. Firstl [...]
Financial criminals making the most of Covid-19

Financial criminals making the most of Covid-19

Financial crime has exploded during the Covid-19 pandemic. Companies and organisations globally have reported up to a 6000% increase in the number of [...]
Cargo insurers need to keep pace with changing technology

Cargo insurers need to keep pace with changing technology

Cargo insurers need to keep pace with changes in technology, or else run the risk of losing business. Building resilience through technology will b [...]
New push for water-smart projects in South Africa

New push for water-smart projects in South Africa

The International Finance Corporation (IFC), a member of the World Bank Group, has loaned $225m to FirstRand Bank to enable increased financial and ad [...]
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