Author: John Mungabe

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 [...]

AKI offers training on IFRS17
The Association of Kenya Insurers (AKI) in partnership with SCR Academy Re, Morocco is training insurance industry leaders on the International Financ [...]

Fire and explosion leading to most costly marine claims, but inflation is an increasing factor
Fire and explosion incidents cause the most expensive insurance claims in the marine industry, while at a time of rising exposures and inflation, carg [...]

Africa set to lead in economic growth in 2023
Africa’s economic recovery has been disrupted in 2022 by a range of internal and external shocks – including adverse weather conditions, rapidly risin [...]

GRII reaches key milestones towards climate metrics and risk measuring
The Global Resilience Index Initiative (GRII), a multi-partner taskforce, has announced key milestones in its development towards an open, standard se [...]

Insurers launch flood cover for Lagos state
The Insurance Development Forum (IDF), the United Nations Development Programme (UNDP), the German government and the Lagos state government in Nigeri [...]

Broker Marsh looking to mobilise insurers on disaster risk reduction initiatives
Marsh McLennan, in partnership with the Atlantic Council’s Arsht-Rockefeller Foundation Resilience Center (Arsht-Rock), will help mobilise the insuran [...]

COP27: Global insurers call for collective action to prevent loss of life and reduce economic losses from future natural disasters
Leaders at COP27 must prioritise adaptation and the building of resilience to the impacts of climate change, warned the Global Federation of Insurance [...]

New cyber threats emerging as attackers change tack, warns Allianz
Ransomware remains a top cyber risk for organisations globally, while business email compromise incidents are on the rise and will increase further in [...]
