Author: John Mungabe

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ARC pays out $2 million to Madagascar after drought

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 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

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

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

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 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

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

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

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

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 [...]
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