Author: Joan Kitanga
Natural disasters cost a record US$380 billion, warns Aon
The 398 global natural disasters in 2023 cost a record US$380 billion, 22 per cent above the 21st century average.
According to broker AON in its 2 [...]
WEF marks out several African countries for resilience and sustainability impacts on economies
Several African economies feature highly in a new World Economic Forum (WEF) report offering a re-evaluation of global economic growth, introducing a [...]
East Africa set to be Africa’s powerhouse, suggests Stears
Stears, an economic analysis and data-driven insights provider, has unveiled its 2024 African Outlook Report, in which it found that in 2024, Africa's [...]
Insured losses fall as cost of natural disasters remains the same, reports Munich Re
Worldwide, natural disasters in 2023 resulted in losses of around US$ 250bn (previous year US$ 250bn), with insured losses of US$ 95bn (previous year [...]
ICEA Lion Group CEO elected as vice-chair to UN PSI board
ICEA Lion Group CEO Philip Lopokoiyit has been officially elected as the vice-chair of the board of UN Environment Programme’s Principles for Sustaina [...]
Aon launches colaborative crop insurance with AfDB and Amini
Broker Aon has announced collaboration with the African Development Bank (AfDB) and Amini, an innovator in space technology and artificial intelligenc [...]
Call to action: secure the future of the African insurance industry
In today's rapidly changing world, the importance of sustainability is increasing day by day. Iara Sousa, an experienced insurance professional and ne [...]
Insurer ATIDI supports Ugandan power project
ATIDI (the African Trade Insurance Agency) is to support the 20MW Ituka West Nile Uganda Ltd solar project developed by AMEA Power, a Du [...]
ATIDI s’associe à AMEA Power, basée à Dubaï, pour la réalisation du Projet d’énergie solaire de 20 MW d’Ituka West Nile Uganda
ATIDI, l’assureur multilatéral panafricain, a annoncé la couverture du projet d’énergie solaire Ituka West Nile Uganda Ltd., d’une capacité de 20 MW, [...]
Global reinsurance sector capital adequacy remains sound, reports IAIS
The International Association of Insurance Supervisors (IAIS) reports that global insurance sector capital adequacy remains sound but has slightly dec [...]