Category: Governance
South Africa’s non-life insurance association makes a double-pledge to sustainability
The South African Insurance Association (SAIA) has underlined its commitment to sustainable insurance by signing on the dotted line, twice. Already a [...]
Insurance funds needed to boost Africa’s development after pandemic
The G7 DFIs, the IFC, the private sector arm of the African Development Bank (AfDB), EBRD and the European Investment Bank are investing $80bn in the [...]
Your chance to have a voice
The Task Force on Climate-related Financial Disclosures (TCFD) is calling on insurers to take part in a public consultation to inform its ‘Proposed Gu [...]
Insurers well placed to support G20 in facilitating more sustainable and resilient economies
With more than $30trn of assets under management, the insurance industry has significant capacity and interest in investing in long-term sustainable a [...]
Cybercriminals responsible for majority of cyber claims
Gangs of cybercriminals, organising themselves along the lines of drug cartels, are changing the ‘rules’ of ransomware attacks to keep ahead of the au [...]
VIDEO: SAIA heralds the importance of the Nairobi Declaration
Pamela Ramagaga of the South African Insurance Association talks to Gareth Stokes about signing the Nairobi Declaration and how an industry associatio [...]
ATI posts net profit of $39.4m despite Covid-19
The African Trade Insurance Agency (ATI) has shown great resilience and posted a net profit growth of 43% and a gross exposure of $6.3bn amid the [...]
Weak risk management impacts Kenyan reinsurer rating
AM Best has affirmed the financial strength rating (FSR) of B (fair) and the long-term issuer credit rating (long-term ICR) of bb+ (fair) of Kenya Rei [...]
Insurers must rethink their distribution models, warns new report
Insurers need to rethink their distribution models to offer uninterrupted service, superior customer experience (CX) and maximum value, as the industr [...]
Insurers must address climate issues if they are to retain investor support
The casualties of the climate crisis could include financial stability, the global economy and the value of investments, warns the Task Force on Clima [...]