Author: John Mungabe
GFIA launches guidelines for insurers on diversity, equity and inclusion
The Global Federation of Insurance Associations (GFIA) has published a set of principles on diversity, equity and inclusion (DEI).
GFIA recognises [...]
Insurtech Naked gets US$17m boost in bid to have a greater social and developmental impact
South Africa-based Naked insurance is to get a US$17m investment to help increase access to insurance products and services across the country.
IFC [...]
Morocco leading north Africa in terms of climate finance
Morocco has emerged as a leader in the Maghreb in matters of climate finance systems and regulation to support climate action, according to the Climat [...]
Political risk is highest seen globally in the last five years, warns Verisk Maplecroft
After two years in which the Covid-19 pandemic served as the primary source of global instability, the conflict in Ukraine was the main driver of risk [...]
ARC Ltd. tops the global table on ESG scores among insurers
Reinsurer African Risk Capacity (ARC) Limited has received the global insurance industry’s top overall environmental, social and governance (ESG) scor [...]
Concerns rising on South African risks, warns Riskonet
International safety and risk consultancy Riskonet has flagged several risk concerns for South Africa in 2023. These include political upheaval; finan [...]
Political risk insurers watching South African politics carefully, as the President survives the threat of impeachment proceedings
Political risk insurers will have been watching recent events in South Africa carefully as President Cyril Ramaphosa faced the threat of impeachment p [...]
Delivering on ESG goals is proving a commercial success for new expat medical cover
Royal Shield (Re) is delivering on its ESG goals after successfully launching an expat medical insurance scheme, designed to support blue-collar emplo [...]
Business must revisit insurance plans as risk of unrest continues to rise in South Africa
Businesses need to reassess their approach to the risks of civil unrest as new research warns of the impact of inequality, according to risk managemen [...]
Swiss Re warning on natcat rises and continuing protection gap
Hurricane Ian and other extreme weather events such flooding in South Africa resulted in an estimated US$115bn of natural catastrophe insured losses t [...]