Author: John Mungabe
ARC makes second major payment to an African government within days
ARC Insurance Limited has made an insurance payout totalling $1,755,890 to the Zimbabwe government and the UN World Food Programme (WFP), just days af [...]
Africa set for 2021 rebound from Covid-19
Insurers' business tends to reflect the economic success of any given country, so there is good news from the African Development Bank (AfBD), which b [...]
IMF warning on African progress and the damage done by Covid-19
As insurers battle to cope with decreasing premium income, the scale of the economic impact of Covid-19 is beginning to emerge, with the International [...]
ARC pays out $2m to Madagascar after drought
The Malagasy government has received $2.13m from the African Risk Capacity Insurance (ARC) to cover anticipated losses to the livelihoods of its vulne [...]
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, according to Kingsly Kwalar, founder and CEO of OPTIMIZ. An [...]
Technology can help businesses 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 [...]