Author: John Mungabe
Munich Re posts a profit but Covid-19 losses high
Munich Re has posted a 2020 profit of €1.2bn, despite Covid-19 losses of some €3.4bn, of which €370m was attributable to life and health reinsurance, [...]
Sustainable shipping driven by finance
The drive towards a sustainable maritime sector is being led by the financial services sector, according to a new report from lawyers Watson Farley &a [...]
Insurance forecast bright despite Covid-19, suggests new report
The outlook for the insurance industry is finely balanced, suggests a new global report from Clyde & Co.
The report states: “The green shoots o [...]
Tech talent a struggle for small businesses in South Africa
Two thirds (67%) of South African small businesses struggle to source the right tech talent, according to research from business platform Xero.
Des [...]
Warning of uneven recovery ahead
Credit insurer Coface has warned of an uneven recovery after the pandemic across countries, sectors of activity and income levels. Although the perfor [...]
African finance embracing sustainability like never before
Increasing numbers of investors are backing sustainable African projects, providing new opportunities for African insurers to offer coverage but also [...]
Matrix to rebrand as Howden
Matrix MIRB is to rebrand as Howden, following last year’s acquisition of the South African broker.
Howden said: “Matrix MIRB, led by CEO Gary Ankc [...]
Forty governments agree principles to support poorest in the world
Forty governments, leading global institutions and local and international NGOs, including the UN Development Programme, Climate Investment Funds, Zur [...]
Jury still out on global reinsurance renewals
The insurance sector across Africa was watching the global markets closely as the 1 January reinsurance renewals approached and, despite the impact of [...]
Swiss Re Corporate Solutions gets direct licence for South Africa
Swiss Re Corporate Solutions has received a direct insurance authorisation from South Africa's joint regulators, the Prudential Authority and the Fina [...]