Author: John Mungabe
ARC pays out $2 million to Madagascar after drought
The Malagasy government has received US$2.13 million from the African Risk Capacity Insurance (ARC) to cover anticipated losses to livelihoods of its [...]
Lloyd’s produces blueprint for Covid-19 recovery
Lloyd’s has published a number of ways the insurance industry could fast-track global economic and societal recovery from the far-reaching impacts of [...]
Insurers need to assess environmental consequences of deep seabed mining
Mining the deep seabed has produced all sorts of opportunities for insurers, however a new paper suggests much more research is needed before there ca [...]
Insurers urged to join new claims platform
Fruit traders in Africa often lose out on claims because the distribution chain is opaque, Kingsly Kwalar, founder and CEO of OPTIMIZ. And at the same [...]
Technology can help business back to the office post Covid-19 lockdowns
Covid-19 poses major challenges for players in every industry and companies now face unprecedented hurdles as they struggle to reopen.
A new report, [...]
Fitch Ratings to include climate change in sovereign ratings
Fitch Ratings aims to capture climate change in sovereign ratings, as it does for all factors that it believes are relevant and material for creditwor [...]
Insurers lose Rwandan case on claims levels
For insurers, sustainability is also about paying the right level of claims, having received the right level of premiums, but a court decision last we [...]
More than three quarters of CEOs not ready for climate change, survey warns
Although the Covid-19 pandemic is dominating the world’s attention, climate risk is simmering in the background, with more than three in four (77%) CE [...]
Multinational reinsurer fully engaged under South Africa’s ‘work from home’ dynamic
Munich Re of Africa (MRoA) is one of many insurers and reinsurers that entered South Africa’s national lockdown with a sense of trepidation, but has s [...]
ARC has new group director general
The Conference of Parties (CoP) of the African Risk Capacity (ARC) has elected Ibrahima Cheikh Diong, of the Republic of Senegal, as the new ARC group [...]