Category: Governance
UK judgment on BI set to cause global ramifications
Insurers and courts across the world, including those in South Africa in particular, have been watching for the UK court ruling on business interrupti [...]
Reinsurers holding firm despite Covid-19 concerns
Two of Africa’s largest reinsurers have reported a solid first half-year, despite Covid-19, but both remain cautious about the months ahead.
Firstl [...]
Insurers reacting fast as Covid-19 hits insurance sales hard
Some 64% of insurers have reported the value of premiums sold since the Covid-19 outbreak has plummeted, while 67% said they have seen declines in new [...]
Financial criminals making the most of Covid-19
Financial crime has exploded during the Covid-19 pandemic. Companies and organisations globally have reported up to a 6000% increase in the number of [...]
Cargo insurers need to keep pace with changing technology
Cargo insurers need to keep pace with changes in technology, or else run the risk of losing business.
Building resilience through technology will b [...]
Profits rise at Continental Re as it braces for Covid-19 impact
Continental Re has reported, as at half-year 2020, strong growth across all key metrics and is cautiously optimistic as the continent emerges from the [...]
Emerging markets face increased risk of financial exclusion
Recent years have seen large scale de-risking and financial exclusion happening in developing countries, particularly those countries that most need c [...]
Fitch launches ESG dashboard for financial institutions
Fitch Ratings has launched an interactive ESG dashboard for financial institutions; a tool that shows the distribution of Fitch's ESG Relevance Scores [...]
Diong takes over at ARC
Ibrahima Cheikh Diong has taken over leadership of the African Risk Capacity (ARC) Group, following his unanimous election by the ARC Conference of Pa [...]
Silver linings: Covid-19 speeds up digitalisation
While the Covid-19 pandemic has had a huge impact on the resilience of the insurance industry across Africa, one positive to come out of the crisis ha [...]