Category: Environment
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 [...]
The triple Ms of re/insurance resilience
In the past ten years, ARC has covered more than 100 million Africans against natural disasters and paid, in timely manner, more than $125m in claims [...]
Data-driven solutions key to building resilient insurance products, says Munich Re
Underwriters need to increasingly use data technologies if they are to put the right products before the right customers and run sustainable businesse [...]