Category: Environment
Insurance will play ever larger part in managing climate change risks, suggest Egyptian insurers
Insurance and other risk transfer and financing mechanisms will become increasingly important in managing catastrophic risk as countries transition to [...]
Climate change costing Africa 15% of GDP every year
Africa loses as much as 15% of its GDP per capita, every year, due to the impact of climate change. The socioeconomic and environmental damage of drou [...]
Trade credit insurer Coface to double its ESG project support worldwide
Trade credit insurer Coface is to double its support to the financing and implementation of long-term ESG (environment, social, governance) projects b [...]
JBA Risk Management launches climate change flood models and data for every location worldwide
The first in-depth insight into the potential impact of climate change on flood losses within every country in the world has been launched by JBA Risk [...]
President Museveni says Uganda-Tanzania pipeline can’t match that of countries lecturing him on climate change as role of insurers highlighted
President Yoweri Museveni of Uganda has continued his tirade against those opposed to the East African Crude Oil Pipeline (EACOP) saying the planned p [...]
Flood: how far can Nigerian insurers go on claims as regulator pledges claims will be paid?
The past two months have seen a harrowing experience of flooding in many towns and communities across eight states in Nigeria such as Rivers, Benue, A [...]
Warning from global north activists on fossil fuel insurance – impacts to be felt across Africa
Insurance company restrictions on oil and gas are finally starting to catch up with those on coal, according to new data from the global north campaig [...]
Insurers warn of increasing claims as floods sweep across west and northeast Africa
Insurers across west Africa are anticipating a rise in claims after floods continue to devastate large parts of the region.
Speaking to Africa Ahea [...]
PODCAST: Insurance – why so niche? (part one)
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Munich Re decision to withdraw cover for new oil and gas developments met with dismay by African insurers
News that Munich Re is pulling away from cover for new oil and gas developments from next April has been met with dismay from African insurers and rei [...]