Category: Risk Management
Risk managers warning on water supply around Johannesburg as summer approaches
Continuous water supply issues in Johannesburg, especially as the country approaches the summer months, is raising alarm bells among the risk manageme [...]
Spring tide devastation: the latest South African crisis
Following the spring tide damage this past weekend along the South African coast, the Institute of Risk Management South Africa (IRMSA) has emphasised [...]
PODCAST: Resilience and Reflection: Lessons from Beirut’s Port Tragedy – part 1
In this episode of “Insurance Matters”, host Juliette Foster delves into the aftermath of the devastating explosion that rocked Beirut on August 4 [...]
Kenya plans 16% VAT on insurance agency and brokerage services
Kenya’s insurance agencies and brokerage services could start attracting up to 18% value added tax (VAT) by as early as July 2024, as the government l [...]
Cyber risk an afterthought as earthquake and floods tear Africa asunder
2023 is fast turning into Africa’s annus horribilis as the continent processes the economic and emotional trauma of three mega catastrophe loss events [...]
Navigating political risk insurance amid disputed elections in Zimbabwe – the latest African country to face allegations post-election
The recent elections in Zimbabwe, which saw the incumbent President Emmerson Mnangagwa winning a second term, have generated controversy and disputes, [...]
ART and cell captives are useful tools to deliver re/insurer resilience, sustainability
A combination of alternative risk transfer (ART) and cell captive insurance could be just the trick to address Africa’s insurance sector resilience an [...]
Time to embrace new migrant health welfare approach?
Encouraged by the outcome of the meeting with Comptroller of Immigration and Border control, a scheme to protect migrant workers could soon be launche [...]
Extreme weather and climate change concerning risk managers and their property insurance programmes
A new report into property insurance programmes and pricing in the US highlights some of the same issues facing risk managers and insurers across Afri [...]
Black swan events and economic stability: why local businesses must redefine risk management now
In a global climate marked by economic stagnation and escalating global unpredictability, business continuity is more than just a buzzword – it’s a li [...]