Category: Risk Management
Uganda regulator proposes higher third-party motor insurance premiums to strengthen coverage, boost sector growth
The Insurance Regulatory Authority of Uganda (IRA) is proposing to increase third-party motor insurance fees in an effort to expand coverage and make [...]
CIMA zone: Low insurance penetration rate reflects untapped potential
Jean Paul Tonga is the director of risk and compliance at Bloomfield Investment Corporation, one of the leading financial rating agencie [...]
IRMSA welcomes City Power-Eskom agreement but urges continued vigilance in risk management
The Institute of Risk Management South Africa (IRMSA) has welcomed an agreement between City Power and Eskom, which has averted imminent power cuts t [...]
Trump’s election offers strategic risks and preparedness opportunities for Africa’s risk community
The election of Donald Trump as President of the US brings both strategic risks and unique opportunities for African nations. This shift highlights th [...]
Addressing the global insurance protection gap amid rising climate risks
The rising frequency and severity of climate change-related extreme weather events has featured in countless debates on the resilience and sustain [...]
Farmers’ basket insurance: A game-changer for Zimbabwe’s smallholder farmers
Zimbabwe's agriculture sector faces growing challenges in a nation that is becoming more and more susceptible to risks associated with climate change. [...]
South African risk association stepping up
The Institute of Risk Management (IRM) Southern Africa is planning to step up and increase its visibility.
IRM is a London-headquartered global org [...]
Climate change still tops AXA’s risk list for 2024, but misinformation a rapidly growing threat
AXA’s 11th Future Risks Report has revealed the polycrisis facing societies and warned that the risks around false information are growing rapidly, wh [...]
Risk agency warns Gauteng’s water crisis will intensify without strategic action
Gauteng province, in South Africa, is facing a critical summer as Rand Water warns that the province’s water storage may soon be depleted. Considering [...]
How can Africa grow the insurance pot without an accumulation risk?
Educating politicians is as crucial as educating potential insureds, agreed a group of reinsurers and reinsurance brokers meeting at the African I [...]