Author: Jakki Green
Global natural catastrophe insured losses exceed $102bn, warns Aon
In its Q3 Global Catastrophe Recap report, broker Aon has revealed that there were at least 280 notable global natural disaster events in the Q1-Q3 pe [...]
Climate change still tops AXA’s risk list for 2024, but misinformation a rapidly growing threat
AXA’s 11th Future Risks Report has revealed the polycrisis facing societies and warned that the risks around false information are growing rapidly, wh [...]
International regulatory group IAIS puts climate change at the top of its strategic themes for the next five years
Amid global trends expected to shape the insurance landscape for the next five years, the International Association of Insurance Supervisors (IAIS) ha [...]
Organisations must develop a more holistic risk management framework, warn risk managers globally
Organisations must integrate a more holistic risk management framework aligned with overall corporate strategy to address both the immediate threats p [...]
Floods in west Africa are a sign of things to come, warn climate experts
In the last few months, heavy rains have flooded every one of Chad's 23 provinces, burst a dam in northern Nigeria, damaged ancient buildings in Niger [...]
AM Best upgrades GIC Re to A-
AM Best has upgraded the financial strength rating to A- (excellent) from B++ (good) and the long-term issuer credit rating to “a-” (excellent) from “ [...]
Blue Alliance and BNP Paribas launch an impact debt facility to support marine protected areas in the Global South
Blue Alliance Marine Protected Areas (BA) and BNP Paribas, through its impact investment team, have launched a blue finance facility, with Tanzania an [...]
GIG Egypt enjoys rating upgrade from AM Best
AM Best has upgraded the financial strength rating to A (Excellent) from B++ (Good) and the long-term issuer credit rating to “a” (excellent) from “bb [...]
Property and BI in the power sector show signs of softening, says WTW
After enduring years of hard-market conditions, the (re)insurance property and business interruption market cycles in the power sector are starting to [...]
New microinsurance and agriculture pool planned for Africa, says AIO
New microinsurance and agriculture insurance pool for Africa planned as the Microinsurance Network (MiN), the global community dedicated to developing [...]