Category: Sustainability
Consilium launches new FAC reinsurance division to drive Africa business
Consilium, the global speciality (re)insurance broking business of the Aventum Group, has launched a new cedant driven FAC reinsurance division.
Si [...]
AM Best affirms Africa Re’s financial strength rating of A (Excellent)
The financial strength rating of the African Reinsurance Corporation (Africa Re) has been affirmed by AM Best at “A (Excellent)”, and the long-term is [...]
New open exposure data standard launched by insurance sector to improve resilience
In what is seen as a way to promote inclusion and improve resilience, Aon has announced the implementation of an Open Exposure Data (OED) Standard cur [...]
Property most challenging line of business through January 1 renewals, says Aon
The most difficult reinsurance renewal conditions were experienced in the property segment, according to Aon in its latest Reinsurance Market Dynamics [...]
What is resilience?
In the past decade, resilience has become a hot topic in wellness. Challenges in our health, work and relationships are inevitable; it’s now generally [...]
2023 pan-African (Re)Insurance Journalism Awards: deadline 15 February 2023
The longest-running award of its kind, the 8th edition of the pan-African (Re)Insurance Journalism Awards invites entries from Africa’s media communit [...]
NZIA insurers to set science-based targets to meet next zero ambitions
The insurance industry will be able to set science-based targets for their insurance and reinsurance portfolios with a net-zero transition pathway aft [...]
Macroeconomics tops the risk list for Africa in 2023, says AGCS
Macroeconomic developments are African companies’ top risk for 2023, with climate change not far behind, according to a new report.
The 2023 Allian [...]
South Africa facing real threat to security from power cuts, warns IRMSA
The Institute of Risk Management South Africa (IRMSA) has joined growing calls on government to take immediate action to address unparalleled loadshed [...]
ARC Ltd. tops the global table on ESG scores among insurers
Reinsurer African Risk Capacity (ARC) Limited has received the global insurance industry’s top overall environmental, social and governance (ESG) scor [...]