Author: John Mungabe
Willis launches hail risk model for South Africa
Willis Re has launched a new hail catastrophe risk model to quantify the risk from damaging hail events across South Africa.
The broker said the mo [...]
Boost for microinsurance from African Development Bank
African women will be able to access microinsurance more easily thanks to a grant from the African Development Bank (AfDB) for research that will incr [...]
Sanlam Namibia encourages young people to launch businesses
Sanlam has opened its entrepreneurial support programme, Sanlam Bridge. The programme is a launchpad for Namibia’s future business leaders who have in [...]
Africa to bear brunt of water shortages with massive infrastructure shortfall
The United Nations warns that the world could face a 40% shortfall in water supply by 2030, with Africa – which already suffers from greater levels of [...]
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 [...]