Category: Environment
Cape floods highlight new norm of severe weather SA risk consultancy warns
Severe storms that have struck the Western Cape underscore the escalating severity and impact of such events, according to South Africa-based risk con [...]
ARC Ltd makes pay outs to Zambia and Zimbabwe
The governments of Zimbabwe and Zambia both recently received substantial payouts from ARC Ltd to help mitigate the impact of severe droughts sweeping [...]
The complex offsets in Africa’s energy transition
The difficulty in reconciling on-the-ground actions with global net-zero undertakings could have severe financial consequences for South Africa’s plan [...]
Africa needs more clarity on climate financing, London Climate Action Week told
Delegates at the London Climate Action Week have been told in no uncertain terms that there must be clarity and agreement on climate financing for eme [...]
Insurance will be needed to enable climate financing, stresses Howdens
More than half of the $19 trillion already committed to financing the climate transition through to 2030 will require additional insurance coverage, s [...]
Africa is the bright spot as move towards energy transition loses momentum globally
The global energy transition to a more equitable, secure and sustainable energy system is still progressing but has lost momentum in the face of incre [...]
GRiP expands into flood intelligence with JBA Risk Management tie-up
GRiP, a South African spatial technology and data specialist, has teamed up with JBA Risk Management to provide its customers with access to the lates [...]
Insurers must improve their sustainability to deal with future natural disasters across Africa and access available finance
The projected growth of the African economy of 7% is now under threat because of the recent increase in natural catastrophes, said the incoming presid [...]
Real opportunity for insurers as climate change risk increases, says Axis
Climate change is both a driver of change and a source of risk, according to a new report from a leading international insurer.
It warns that clima [...]
Insurers and development agency form new disaster risk management alliance
The Insurance Development Forum (IDF) and the French Development Agency Group (Agence Française de Développement and Expertise France – the AFD Group) [...]