Category: Risk Management
Nigerian insurers assess claims as hunger protests persist
The ongoing protest against hunger in Nigeria has set off alarm bells in the insurance sector in terms of claims payment as loss of lives and destruct [...]
Political unrest and climate crisis pose significant risks to Olympics says South African risk consultancy
The Paris Olympic Games that have just started face risks on several fronts, according to South African risk consultancy Riskonet Africa.
“The most [...]
Renewable energy sector holding its own in face of flurry of challenges, says WTW
The renewable energy sector has shown resilience and optimism in 2024 despite facing constraints such as climate issues, supply chain disruption, casu [...]
Cyber insurers set for global deluge in claims after CrowdStrike, but other classes will be hit too
Cyber insurers are facing a deluge of claims from across the world after the CrowdStrike incident that left businesses globally struggling for connect [...]
Insurance should play a bigger role in attracting capital to Africa, suggests ATIDI boss
Attracting capital is vital for Africa’s economic future, however, that can be a real challenge. Insurance has become a valuable tool in [...]
A tale of two halves – piracy drops in Gulf of Guinea but increases off Somalia
Pirate attacks have fallen in the Gulf of Guinea in the past six months, however, the first half of this year has seen an increase in activity off Som [...]
Cape floods highlight new norm of severe weather SA risk consultancy warns
Severe storms that have struck the Western Cape underscore the escalating severity and impact of such events, according to South Africa-based risk con [...]
Corporate culture and resilience key to responding to ever-evolving risks
Brokers and corporate risk managers will need to rethink their approach to risk if they hope to ensure the sustainability of their businesses over the [...]
One in three risk managers face threats amid anti-corruption efforts, warns IRMSA
One in every three South African risk managers faces backlash, threats, or intimidation when actively mitigating public interest risks says industry b [...]
IRMSA unveils 2024 Risk Report: Navigating South Africa’s Future
The last decade of South Africa’s democracy has been plagued by corruption, worsening inequality and economic turbulence. As a new government takes po [...]