Category: Governance
Nigerian regulator close to launching risk-based capital roadmap
The rising tide of bankruptcies and underperformance by insurance firms in Africa gave rise to the concept of risk-based capital model, through which [...]
Solvency regulation keeps SA life insurers on a sustainable path
South Africa’s comprehensive Solvency Assessment and Management (SAM) regime, which carries through in the Prudential Standards for Financial Institut [...]
SA bond market has a role to play in sustainable asset allocation
Asset managers and other financial institutions are increasingly turning to the South African bond market to improve their environmental, social and g [...]
Marsh commits to low-carbon strategies, aiming for net zero by 2050
Marsh McLennan has announced its commitment to set and execute low-carbon transition strategies that chart a path to net zero across its operations b [...]
UK to boost AfCTFA in bid to create more commercial opportunities
Insurers across Africa have been waiting and watching to see what impact the African Continental Free Trade Area (AfCFTA) might have on their business [...]
Share capital rises in CIMA region causing issues
In the area covered by the Inter-African Conference on Insurance Markets (CIMA), which brings together 14 west and central African count [...]
La BVMAC s’ouvre aux compagnies d’assurances
Dans l’espace couvert par la Conférence Interafricaine des Marchés d’Assurances (CIMA) regroupant 14 pays d’Afrique de l’Ouest et du Centre, le règlem [...]
Insurers rethinking strategies due to mounting pressure on ESG issues
Insurance businesses are rethinking their strategies and the way that they undertake business, as 55% of senior executives working in the sector say t [...]
Watershed moment as Shell directors sued for failing to prepare for net zero
In what is being hailed as a pivotal moment and a warning for insurers who might see more corporate clients in the dock, ClientEarth has started legal [...]
Marine cargo insurance and the risks emanating from the Ukraine/Russia war
First, some statements:
We will talk about the Institute Clauses (UK), which are probably the most common type of insurance used in marine cargo [...]