Author: Ant Darby
Moody’s revises Africa Specialty Risks upwards
Africa Specialty Risks (ASR) has welcomed the revision of its outlook to positive on its Moody’s Baa1 insurance financial strength rating.
Mikir Sh [...]
Africa set for growth as UK businesses look for new opportunities
UK business leaders are increasingly looking to Africa as a key market for long-term growth, driven by structural reforms, demographic momentum and ra [...]
Data loss and cyber attacks among top risks for directors and officers, says Willis
Data loss and cyber attacks were identified as two of the top three risks to directors and officers, according to the latest Cyber Directors’ and Offi [...]
COBAC approves ATIDI to have 0% weighting
The Central African Banking Commission (COBAC) has officially approved the inclusion of the African Trade and Investment Development Insurance (AT [...]
ATIDI renforce son appui au commerce et à l’investissement en Zone CEMAC grâce à la reconnaissance par la COBAC d’une pondération de risque de 0%
La Commission bancaire de l’Afrique centrale (COBAC) a officiellement approuvé l’inclusion de l’Assurance pour le Développement du Commerce et de l’In [...]
Global natural disasters 14% up on 21st-century average in 2024, warns Aon
Global natural disaster events caused US$368 billion (2023: $397 billion) in economic losses in 2024, driven by hurricanes and severe convective storm [...]
(Re)insurance industry committed to progress through partnership and innovation
Each stakeholder within the (re)insurance ecosystem should have a clearly defined role if the industry is to remain resilient in response to the growi [...]
More than one-third of the global population at risk from flooding, warns Moody’s
Some 2.7-billion people – more than one-third of the global population – reside in areas vulnerable to inland or coastal flooding, according to a new [...]
UN leader calls for African debt relief, saying the continent’s finances are unsustainable
African countries’ inadequate access to debt relief and scarce resources is a recipe for social unrest, United Nations Secretary-General Antonio G [...]
IAIS publishes paper on policyholder protection schemes
The International Association of Insurance Supervisors (IAIS) has published an issues paper on the roles and functioning of policyholder protection sc [...]