Category: Environment

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More data needed on climate change risks

More data needed on climate change risks

Access to high-quality and granular hazard data on climate change futures is missing, warned some 63% of respondents to a poll by the UN Principles of [...]
World Bank launches SSA resilience plan: opportunities for insurers

World Bank launches SSA resilience plan: opportunities for insurers

The World Bank has released a Next Generation Africa Climate Business Plan (NG-ACBP), to help sub-Saharan African economies achieve low-carbon and cli [...]
ARC building awareness of drought insurance

ARC building awareness of drought insurance

Africa Risk Capacity is looking to increase awareness for its drought insurance product across the continent and to promote the use of risk modelling [...]
ESG set to transform energy sector

ESG set to transform energy sector

Climate change and environmental, social and governance (ESG) issues will transform the energy industry risk landscape, according to Willis Towers Wat [...]
More must be done on driving UN sustainable development goals forward

More must be done on driving UN sustainable development goals forward

The insurance industry lacks a systematic mapping of sustainable products and services, warned the UN-PSI and Swiss Re at the fourth in their series o [...]
ARC plans to lead in risk management as it launches flood product for 2021

ARC plans to lead in risk management as it launches flood product for 2021

Africa Risk Capacity (ARC) is planning a new product to help member countries fight floods. To be launched in 2021, the product is already being pi [...]
Water risks rising up the ratings agenda, warns Fitch

Water risks rising up the ratings agenda, warns Fitch

Water risks are likely to become a more important sovereign rating driver over the medium to long term, particularly in the event of severe climate ch [...]
New push for water-smart projects in South Africa

New push for water-smart projects in South Africa

The International Finance Corporation (IFC), a member of the World Bank Group, has loaned $225m to FirstRand Bank to enable increased financial and ad [...]
Continental Re to build its agricultural operations

Continental Re to build its agricultural operations

Continental Reinsurance has selected the Agritask risk management platform to enhance its agricultural reinsurance operations. Dr Femi Oyetunji (pi [...]
ILRI to launch livestock insurance for Sahel and Horn of Africa

ILRI to launch livestock insurance for Sahel and Horn of Africa

Nairobi-headquartered International Livestock Research Institute (ILRI) is launching an index-based livestock insurance for the Sahel and the Horn of [...]
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