Category: Risk Management
Sea level rise and urbanisation pose clear risks for African insurers
The intersection of climate change, rising sea levels and urbanisation will present significant challenges to insurers and reinsurers operating on the [...]
African insurers must be at global ESG table to seize opportunities, suggests Sanlam sustainability chief
Something is changing on climate and that brings risks that the industry needs to manage, regardless of whether it is considered “climat [...]
Insurance forum makes case for artificial intelligence use in fraud detection
Sylvester Rusere (36), an insurance customer with Econet’s subsidiary, EcoSure, staged the death of an imaginary daughter and made a claim. He falsely [...]
South African risk management organisation highlights critical risks impacting Africa
As Africa continues to emerge as a dynamic and promising investment destination, the need for robust economic growth and development remains paramount [...]
IRMSA launches Lesotho chapter, expanding its continental footprint in risk management
The Institute of Risk Management South Africa (IRMSA) has officially launched a Lesotho Chapter, which it said marked “a significant milestone in the [...]
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 [...]
Calls for focused action as Operation Vulindlela enters critical phase to revive South African municipalities
As South Africa faces mounting pressure to restore the functionality and efficiency of its local governments, the second phase of Operation Vulindlela [...]
Africa’s mounting debt crisis and the need for reform in the global financial architecture
Africa’s debt stocks have grown significantly in the past decade. Understandably, African governments took advantage of historically low interest rate [...]
Insurers challenged to embrace innovation and risk mitigation to narrow protection gap
Enhancing insurance penetration and expanding coverage against economic losses caused by natural catastrophes and other risks have long been recognise [...]
Kenya’s insurers brace for surge in claims as political risks rise
Kenya’s insurers are bracing for a surge in claims as businesses and property owners assess loss and damage from vandalism and looting that has accomp [...]