Category: Environment

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Largest inclusive insurance programme beginning to show signs of success, says UNDP

Largest inclusive insurance programme beginning to show signs of success, says UNDP

More than 250,000 people are benefiting from the world’s largest inclusive insurance programme since it launched in 2023. The United Nations Develo [...]
International regulators highlight critical role of insurance in mitigating natcat impacts

International regulators highlight critical role of insurance in mitigating natcat impacts

The International Association of Insurance Supervisors (IAIS) has stressed the critical role of insurance in mitigating these impacts while highlighti [...]
South Africa’s insurers confront the profitability-sustainability trade-off

South Africa’s insurers confront the profitability-sustainability trade-off

The key to a successful insurance business is being able to balance short-term performance with long-term stability. To stand out from their peers, in [...]
Mozambique given $2 million premium for drought protection

Mozambique given $2 million premium for drought protection

Mozambique has received a US$2 million insurance premium for drought protection covering the 2025-2026 agricultural season, marking the country's thir [...]
Quiet third quarter in terms of global disasters, reports Aon

Quiet third quarter in terms of global disasters, reports Aon

Although the third quarter has not produced major global disasters in terms of insured or economic losses, the human toll remained significant, report [...]
Insurance industry facing growing average annual losses from natural catastrophes, warns Verisk

Insurance industry facing growing average annual losses from natural catastrophes, warns Verisk

Modelled non-crop property and casualty losses have risen 25% compared to 2024, with severe thunderstorms and other frequency perils accounting for tw [...]
Dilemma for Africa’s policymakers in race between development and decarbonisation

Dilemma for Africa’s policymakers in race between development and decarbonisation

Many policymakers agree on the urgent need to transition to green energy—but consensus ends there. Disagreements remain over how fast the transition s [...]
Munich Re sees higher H1 2025 natcat figures, with African cyclones contributing to the losses

Munich Re sees higher H1 2025 natcat figures, with African cyclones contributing to the losses

Worldwide, natural disasters caused overall losses of around US$131 billion in the first half of 2025 (previous year, adjusted for inflation: $155 bil [...]
Natcats continue to strain global reinsurance, warns WTW

Natcats continue to strain global reinsurance, warns WTW

Natural catastrophes continue to put a strain on global insurance markets as, worldwide, insured losses from natural catastrophes now consistently exc [...]
AfDB supports insurance adding resilience to Benin farmers

AfDB supports insurance adding resilience to Benin farmers

The African Development Bank Group (AfDB) has approved $30.25 million in financing for a groundbreaking climate protection and agricultural sector res [...]
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