Category: Environment

Climate crisis set to put sustainable road map at risk
The climate crisis, the Covid-19 pandemic and an increased number of conflicts around the world have placed the 17 Sustainable Development Goals ( [...]

Africa Re and Gallagher Re team up to build financial resilience against climate, crisis and disaster risks
Gallagher Re, the global reinsurance broking and advisory firm, and Africa Re, the leading pan-African reinsurance company, are joining forces to stre [...]

Underwriters must spread their climate risks, warns ARC
Underwriters in Africa have been challenged to spread their climate-related risks and forge partnerships that can cut the frequency and severity of su [...]

Africa set to be disproportionally affected by climate change, but insurers have key role in mitigation
Africa will be disproportionately affected by climate change, however insurers are well placed to support governments and partners to mi [...]

ARC hands US$14m to Malawi after drought
The African Risk Capacity Group has delivered a symbolic US$14.2m insurance payout cheque to the Malawi government after a drought in the southern Afr [...]

Balancing the needs of the continent with climate change adaptation remains crucial, says Munich Re
Africa needs to be treated differently as the climate conversation hots up around the world, says Munich Re of Africa head of Africa strategy, Sipho M [...]

Chedid Re and JBA Risk Management team up on flood risks
Reinsurance broker Chedid Re has signed a five-year partnership with JBA Risk Management to use the flood specialist’s global flood model.
The deal [...]

Small steps on the ESG journey are essential in beating Africa’s challenges, stresses ICEALion CEO
Taking small steps is all part of the ESG journey and will help Africa manage its many challenges, suggests the CEO of ICEALion group, Dr Caesar Mwang [...]

ARC Group hands over $3m cheque to Zambian government after extreme drought
Following extreme drought event during the 2021/2022 agriculture season, representatives from the African Risk Capacity Group and the African Developm [...]

Sovereign risk transfer scheme launched for Ghana to protect against urban floods
The Insurance Development Forum, the Ghana Ministry of Finance, the United Nations Development Programme (UNDP) and the German government have launche [...]
