Category: Risk Management
International contractors warned to tread carefully on South African construction contracts
As South Africa positions its engineering and construction sectors to attract increased foreign investment, international contractors must be mindful [...]
Africa’s insurers must be future fit as climate change intensifies catastrophic events
With natural catastrophes increasing in both frequency and severity across the world, Africa can no longer be seen as a “safe haven” for insurers look [...]
Climate resilience demands a rethink of reinsurance pricing and risk modelling
Recent droughts, floods, storms and wildfires confirm that extreme weather events are redrawing the risk landscape for businesses and households. Clim [...]
Cyber solutions meeting demand for protection from hacking gangs and data thieves
Insurers are facing a real uphill struggle in managing cyber risks, from quantifying the risk to properly pricing it and then paying the claims when t [...]
Protecting integrity defenders must become a national priority for South Africa, ACFE warns
South Africa has reached a point where corruption is no longer a matter of misallocated budgets or inflated invoices. It has become a threat to person [...]
Risk managers report charts blueprint for systemic solutions to South Africa’s interconnected risks
Those in leadership positions across Africa must weigh their decisions carefully, often setting aside the lure of short-term profit in order to pursue [...]
Local context key to unlocking Africa’s investment potential, stresses ATIDI
Risk managers should take the lead in guiding investors to understand the diverse local contexts of African countries instead of lumping it togeth [...]
Zimbabwe insurers’ missed State investment targets jeopardise development funding
Zimbabwe’s insurers are finding it hard to invest the minimum amount the government requires in approved assets like Treasury bonds, presenting a fund [...]
Opinion: How the recent ICJ climate change advisory could affect insurers and reinsurers
The International Court of Justice (ICJ) recently issued an advisory opinion on the obligation of states in respect of climate change. Rob Scott, exec [...]
Disaster risk financing must start with preparedness, not payouts, Riskonet Africa warns
As South Africa faces a rising tide of climate shocks, collapsing infrastructure and mounting insurance claims, the National Treasury’s new plan to ov [...]