Author: Jakki Green
Aon reports disasters costing more than average at start of 2024
The first quarter of 2024 saw several notable disaster events, which drove total year-to-date economic losses above $45bn, according to the latest cat [...]
Europeans agree on major corporate sustainability law set to benefit African communities
Lawmakers in the European Parliament voted 374 to 235 to adopt a Corporate Sustainability Due Diligence Directive (CSDDD), a key piece of legislation [...]
GFIA raises concerns about new global insurance tax plan
The Global Federation of Insurance Associations (GFIA) has called for further clarification after a proposal by the UN Tax Committee – a group of expe [...]
IDF aims to facilitate resilient infrastructure investment
The Insurance Development Forum (IDF) plans to facilitate insurance sector investments in resilient infrastructure to enhance the resilience of vulner [...]
HDI Global launched climate risk reporting service in response to regulatory requirements
In the face of climate change, businesses are increasingly confronted with location-specific physical climate risks that threaten their business succe [...]
South African insurance market set to grow almost 4% this year, according to GlobalData
The South African general insurance industry is set to grow at a compound annual growth rate (CAGR) of 4.8% from ZAR159.5bn ($9.4bn) in 2024 to ZAR192 [...]
Global Shield chooses the Centre for Disaster Protection to co-ordinate support for insurance
The Centre for Disaster Protection has been selected as the coordinator for the technical advisory group (TAG) of the Global Shield against Climate Ri [...]
Three trends set to drive cyber-attacks in 2024
Following two years of high but stable loss activity, 2023 saw a worrying resurgence in ransomware and extortion losses, as the cyber threat lands [...]
Risk management crucial, South African businesses warned
Considering myriad financial dangers facing nations globally, the emphasis on strategic planning and risk management has never been more crucial for S [...]