Category: Environment
Pre-occupation with Ukraine risks hiding downturn across African markets, but insurers still have opportunities for growth
Events in Ukraine have impacted African economies and slowed recovery in the post Covid-19 world.
That was the warning from Davina Milenge-Uwella, [...]
Climate change will drive unprecedented economic and social change
The increase in frequency and severity of climate change-related extreme weather events will drive unprecedented economic and social change over the c [...]
Parametric insurance can transform how Africa copes with climate change, says ARC Ltd
Parametric insurance has the potential to transform how the continent deals with climate-change induced events, such as droughts and cyclones.
In a [...]
Atlantic Council panel pushes for ‘Africa agenda’ at COP 27
Africa deserves the highest priority attention at the United Nations climate conference, COP27, to be held in November this year.
According to pane [...]
Is nuclear power ’greener’ than we thought?
Nuclear power currently accounts for about 10% of the world’s electricity, with the US and European Union (EU) countries leading the way.
It receiv [...]
South African floods account for Africa’s only major natural disaster so far in 2022
The floods around Durban back in April were the only major African natural disaster mentioned in the latest report from Munich Re.
Looking at t [...]
Flooding poses major threat as globe warms, warns Marsh
Marsh McLennan has published its updated Flood Risk Index 2.0, which warns global warning could significantly increase the risk of flooding globally.
[...]
ICEYE supports insurance industry and UNDP-led initiative to increase flood resilience in Ghana
ICEYE, a provider of natural catastrophe data, has joined the Ghana Ministry of Finance, the United Nations Development Programme (UNDP), and the Insu [...]
Madagascar receives $800,000 insurance payout after drought
The government of Madagascar has received a symbolic US$797,049 cheque following delayed rains during the 2021-2022 agricultural season, [...]
Zambia and Nigeria insurers to add 2.4 million new climate policies for smallholder farmers
Underwriters in Zambia and Nigeria will add 2.4 million climate change insurance policies in the next three years, thanks to an International Finance [...]