Category: Risk Management
Exchange rate challenges to African insurance industry
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African insurers and reinsurers are losing significant percentages of their profits as a result of uns [...]
Challenges of onboarding complex clients: lessons for insurers and risk managers
Onboarding a single individual can be a long, drawn-out process with many pain points which need to be undertaken systematically and efficiently. But [...]
PODCAST: Resilience and Reflection: Lessons from Beirut’s Port Tragedy – part 2
In this episode of the “Insurance Matters” podcast, host Juliette Foster discusses the aftermath of the Beirut explosion and its impact on the ins [...]
Implementing recommendations from German consultants could revive South Africa’s power sector
South Africa is not only grappling with onerous socioeconomic challenges, but with increasing frequency has found itself plunged into darkness.
Esk [...]
Flooding claims 12 lives, causes major damage to infrastructure in SA’s Western Cape province
South Africa’s Western Cape province became the latest statistic in the ‘rising frequency and severity of extreme weather events’ trend as gale-force [...]
IMF warns debt rising in Africa to almost double in a decade
The average debt ratio in sub-Saharan Africa has almost doubled in just a decade ‒ from 30% of GDP at the end of 2013 to almost 60% of G [...]
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 ringing 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 [...]