Author: Joan Kitanga
Tanzanian oil and gas risks must be underwritten through TECC, mandates regulator
Earlier this month the Tanzanian insurance regulator issued a notice mandating that all energy-related risks insured within the country are to be unde [...]
InsurTech industry surges as 2025 starts, says Gallagher Re
The InsurTech industry has experienced a significant surge in funding during the first quarter of 2025, reaching US$1.31 billion, according to Gallagh [...]
Commercial insurance rates dropping globally, reports Marsh
Global commercial insurance rates declined by 3% in the first quarter of 2025, the third consecutive decrease in the composite rate following seven ye [...]
Brokerslink adds two more African brokers
Global broking business, Brokerslink, has added brokers from Mauritania and the Ivory Coast to its network. The two new additions bolster its network, [...]
DEI becomes top seven business risk for directors across Africa, warns Willis
Diversity, equity and inclusion (DEI) now ranks in the top seven risks for directors and officers across Africa, while 80% of directors and officers c [...]
Spending on clean energy set to rise by a third, but buying the right insurance remains a challenge
Natural resources are at a tipping point, with average spend across the industry on clean energy technologies expected to increase by more than a thir [...]
Development insurance plays pivotal role in economic growth, says ATIDI
Development insurance plays a pivotal role in fostering economic growth by providing investment, trade and political risk-mitigation covers designed t [...]
Insurance protection gap for natcats estimated at 60%, warns WTW
As 2024 becomes the first year to exceed 1.5°C warming above pre-industrial levels, the insurance protection gap for natural catastrophes is estimated [...]
World’s largest companies add nature threats to ESG commitments, says McKinsey
The world’s largest companies increasingly recognise the risks and opportunities presented by nature and natural capital, according to a new report fr [...]
Kenyan insurer GA signs sustainable declarations
GA Insurance, a Kenyan insurer, has joined the African Natural Capital Alliance (ANCA) and signed the Nairobi Declaration on Sustainable Insurance to [...]