Category: Environment
Zimbabwe insurers put environment at centre of ESG as climate risks rise
The growing intensity of climate shocks in Zimbabwe is reshaping how insurers think about risk, pushing environmental risk considerations to the foref [...]
Lagos State launches parametric flood insurance policy, protecting up to four million people
The Lagos State government has made a parametric flood-risk insurance policy live in the Nigerian insurance market, covering up to four million vulner [...]
IDF urges industry to accelerate progress on climate adaptation
The Insurance Development Forum (IDF) has issued a clear call to accelerate progress as climate shocks, fiscal pressure and systemic risk intensify wo [...]
Natural catastrophes down in 2025 but leave no room for complacency, warns Willis
Natural catastrophes caused more than US$100 billion in insured losses in 2025, the sixth consecutive year above that threshold, yet a decrease of US$ [...]
Devastating floods and wildfires test South Africa’s New Year cheer
Insurers are bracing themselves after the first weeks of 2026 brought the worst flooding in 26 years to parts of South Africa’s Limpopo and Mpumalanga [...]
2025 natural disaster figures drop from 2024 but still bust US$100 billion, warns Munich Re
Natural disasters caused significant losses worldwide in 2025. All in all, damage amounting to some US$224 billion was incurred, of which insurers cov [...]
AI development needs solid infrastructure, warns Coface
The global acceleration of artificial intelligence continues to reshape investment flows, digital infrastructure and economic growth. According to a n [...]
ATIDI to back more clean energy projects under its US$150 million regional liquidity support facility
Investors in Africa’s green energy projects, where government utilities are the main off-takers, can now mitigate short-term payment delay through [...]
New low-carbon framework launched by Aon to drive renewable energy business
Aon has launched a low-carbon transition framework for insurers – a seven-step process aimed at driving (re)insurer engagement with the sustainable en [...]
Insurers need to collaborate to plug the gap and build resilient communities, COP30 is told
As insurers headed to Belem for COP30, the Forum for Insurance Transition (FIT) issued a landmark COP30 Insurance Communiqué “Insuring the transition” [...]