Author: Joan Kitanga
80% of risk managers fear their organisations may not respond effectively to emerging risks, warns WTW
Only two in 10 (20%) key decisionmakers and the teams supporting them believe their organisation will be able to respond adequately to risks that migh [...]
Insurer relationships changing because of evolving cat risks, warns S&P
Insurers are being forced to re-evaluate their relationships with each other and the world at large because of evolving natural catastrophe risks, acc [...]
ATIDI names new chair and deputy
At its 101st meeting held on 5 October 2024, the board of directors of African Trade & Investment Development Insurance (ATIDI) announced the elec [...]
Just 1.1% of total crisis financing from international development donors was arranged in advance in 2022
International development financing for PAF from donors fell in absolute volume terms from US$1.9-billion in 2021, to $852.2-million in 2022, amountin [...]
ICEA LION CEO welcomes geothermal insurance product for Kenya to boost green energy
After ICEA LION Group’s launch of a geothermal well output insurance product, which it describes as “a pioneering solution set to transform the green [...]
ATIDI helping street children in Burundi
African Trade & Investment Development Insurance (ATIDI) has announced a financial contribution of US$40,000 to Street Child in Burundi.
The co [...]
African banks aiming to boost infrastructure lending
In what could be a boost to infrastructure lending across the continent, two of Africa’s leading banks have announced new deals.
The news comes aft [...]
Malawi receives US$11.2-million insurance payout after drought
The government of Malawi has received an insurance payout of US$11.2-million, to support the country’s recovery from a devastating drought arising fro [...]
Liberty, Sprout and Britam team up to launch coffee related parametric cover
Liberty Mutual Reinsurance (LM Re) has announced a partnership with insurtech firm Sprout and diversified financial services firm Britam as the local [...]
Mpox declared international emergency as cases rise in Africa
The upsurge of mpox in the Democratic Republic of the Congo (DRC) and a growing number of countries in Africa constitutes a public health emergency of [...]