Category: Environment
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 [...]
Malawi government set to receive $14.2m insurance payout from ARC following drought
Drought-affected households in Malawi will receive swift relief of more than $14.2m with an upcoming climate insurance payout by African Risk Capacity [...]
ATI backs Uganda hydro project
The African Trade Insurance Agency (ATI), through its Regional Liquidity Support Facility (RLSF), has supported the 7.8 MW Nyamwamba II Hydro Project [...]
IRMSA flags growing nat cat risk in South Africa and need for companies to act to minimise risk
The Institute of Risk Management South Africa (IRMSA) has expressed deep concern over the natural disasters in KwaZulu-Natal and the Eastern Cape, war [...]
Niger: Resilience possible via early-warning systems and insurance payouts
Drought is nothing new in Niger. In fact, the country has experienced repeated large-scale droughts regularly over the past two decades, leading to na [...]
Emerging markets must not be ignored in rush to embrace clean energy, warns report from Climate Advisors
Emerging markets must not be ignored in rush to embrace clean energy, warns a report from Climate Advisors
In the past few weeks there has been a l [...]
Insurers are being negatively impacted by climate change, warns Capgemnini and Efma
Climate change is hurting the insurance industry warns the latest Capgemini World Property and Casualty Insurance Report.
It has found that insurer [...]
Africa Specialty Risks adds energy capacity
Africa Specialty Risks (ASR), the pan-Africa-focused reinsurance group, has announced that its energy division’s capacity increased to $38m, provided [...]
East Africa latest to be hit by devastating floods
Southern Tanzania has been hit by serious floods, just two weeks after heavy rain caused devastating floods in South Africa, fuelling fears of large l [...]