Author: Joan Kitanga
Tragic cases lead to new form of insurance to protect low-paid workers
The death of a blue-collar Kenyan worker and the delay in offering timely medical evacuation to a Bangladeshi worker in Seychelles has led to a new fo [...]
Grand Re and SCG-Ré sign technical agreement to grow their markets
Botswana’s Grand Reinsurance and Gabon’s Société Commerciale Gabonaise de Réassurance (SCG-Ré) have signed a technical and commercial agreement to gro [...]
Parametric insurance can transform how Africa copes with climate change, says ARC Ltd
Parametric insurance has the potential to transform how the continent deals with climate-change induced events, such as droughts and cyclones.
In a [...]
Africa has its first corporate clean mobility bond, launched in Morocco
Africa’s first corporate clean mobility bond has been launched by Morocco’s national railway operator (ONCF). FSD Africa provided technical assistance [...]
Atlantic Council panel pushes for ‘Africa agenda’ at COP 27
Africa deserves the highest priority attention at the United Nations climate conference, COP27, to be held in November this year.
According to pane [...]
Swiss Re back into profit for Q2, helped by treaty premium rate rises
Swiss Re returned to profitability in the second quarter of 2022, with a net income of US$405m. After the first quarter was marked by negative impacts [...]
South African floods account for Africa’s only major natural disaster so far in 2022
The floods around Durban back in April were the only major African natural disaster mentioned in the latest report from Munich Re.
Looking at t [...]
Kenya election set to be closely fought but PVT claims remain less likely
With both candidates threatening to contest the result of the upcoming Kenyan presidential election in the courts after the count, memories of the 200 [...]
Flooding poses major threat as globe warms, warns Marsh
Marsh McLennan has published its updated Flood Risk Index 2.0, which warns global warning could significantly increase the risk of flooding globally.
[...]
Fires account for most expensive losses in South Africa, warns Allianz
Fires generate the most expensive losses for South African businesses accounting for more than 60% of the value of all claims during the past five yea [...]