Category: Risk Management
Kenya eyes tighter reinsurance rules to retain more premiums locally
Kenya’s insurers will soon be required to increase the portion of business they must mandatorily place with the Kenya Reinsurance Corporation (Kenya R [...]
Collaboration and sustainability emerging as the new frontier in risk management
Africa’s insurers and reinsurers are not the only entities seeking to make sense of risk exposures in an uncertain and volatile world.
They are [...]
Managing wildfire risk as climate changes
Indigenous peoples and local communities are among the world’s most effective forest stewards. Research continues to show that the lands they manage o [...]
Warning on cyber threat crises in supply chains and reputational fallout
South Africa’s cybercrime problem is increasingly spilling into every corner of the economy, with the latest South African Banking Risk Information Ce [...]
Disaster preparedness rising to the fore as climate risks grow, reports Centre for Disaster Protection
Droughts, floods, storms, earthquakes and disease outbreaks are hitting more often and with greater force, warns the Centre for Disaster Protection (C [...]
Rising attacks push up fraud and cyber cover costs in Kenya, reflecting wider market trend
Insurers in Kenya are raising premiums for fraud and cybersecurity cover as firms, especially in the country’s financial sector, grapple with surging [...]
Senegal bids to give business confidence with new law
Senegal’s National Assembly has passed the bill establishing the 2025 Investment Code, reaffirming Senegal’s commitment to modernising its legal and i [...]
Reinsurance renewal season in full swing with global picture looking better for insurers
With the Monte Carlo Rendezvous just a few days behind us and with the Baden-Baden meeting to come, attention has firmly turned to the key 1/1 ren [...]
Resilience is the new watchword for Africa’s short-term insurers
Insurers, reinsurers and other stakeholders in the risk management value chain must move beyond responding to loss events to building resilience throu [...]
Zimbabwe’s aviation insurance revenue shrinks amid limited market players
Zimbabwe’s aviation insurance sector is grappling with shrinking revenue, a trend industry insiders attribute to a limited pool of market players and [...]