Category: Environment
GA Insurance tests Kenyan market with first carbon-neutral electric vehicle cover
Kenya’s third-largest general underwriter, GA Insurance, has launched the country’s first comprehensive electric vehicles (EVs) cover as the industry [...]
Flooding claims 12 lives, causes major damage to infrastructure in SA’s Western Cape province
South Africa’s Western Cape province became the latest statistic in the ‘rising frequency and severity of extreme weather events’ trend as gale-force [...]
Spring tide devastation: the latest South African crisis
Following the spring tide damage this past weekend along the South African coast, the Institute of Risk Management South Africa (IRMSA) has emphasised [...]
Global north the elephant in Africa’s climate agenda room despite Nairobi ‘wins’
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Africa’s inaugural climate summit held in Nairobi scored a series of wins including a uniform voice on [...]
Cyber risk an afterthought as earthquake and floods tear Africa asunder
2023 is fast turning into Africa’s annus horribilis as the continent processes the economic and emotional trauma of three mega catastrophe loss events [...]
Africa’s insurance regulators ponder impact of climate and technology
The Insurance Regulators Retreat for Africa, co-hosted by the Insurance and Pensions Commission (IPEC) and the Africa College of Insurance and Social [...]
North Africa rocked by series of catastrophic events, revealing the human cost of low insurance penetration rates
As an earthquake hit Morocco and a catastrophic flood devastated the Libyan city of Derna, the rest of the region is looking at its catastrophe planni [...]
Aon publishes work on severe convective storms and the implications for insurers
Aon has published research on the drivers of severe convective storm (SCS) insured losses, which it warned could influence the outcomes of the forthco [...]
Insured losses from Morocco earthquake expected to be low
The recent powerful 6.8-magnitude earthquake that struck Morocco on September 8 is “unlikely to be a major event for the insurance and reinsurance ind [...]
AfDB launches climate change insurance programme
The African Development Bank (AfDB) has unveiled an Africa Climate Risk Insurance Facility for Adaptation (ACRIFA). The initiative is aimed at insulat [...]