Category: Sustainability
CPD initiative launched to help governments plan, finance and respond to disasters
The Centre for Disaster Protection has launched Labs, a platform designed to accelerate practical solutions that help governments better plan, finance [...]
VIDEO: Actuaries play key role in creating sustainable insurers
Yeside Kazeem, founder of the African Actuarial Development Academy, explores the critical role of actuaries in the insurance industry, particularly [...]
Compulsory cession hike pits premium retention goals against market liberalisation
Kenya’s recent decision to raise compulsory cession to 25% from 20% is reigniting a familiar debate across African insurance markets on how far regula [...]
Early warnings could be Africa’s first line of defence against climate losses
Africa’s largest general insurer, Santam Limited, has partnered with the South African Weather Service (SAWS) to improve the country’s weather forecas [...]
Driving sustainable growth by embedding ESG principles in the insurance value chain
As global attention on sustainability intensifies, insurance companies are under growing pressure to demonstrate how they incorporate environmenta [...]
Africa’s reinsurers urged to scale up as demand for credit insurance surges
Reinsurers operating in Africa have been challenged to step up the reinsurance capacity of credit insurance as the cover becomes a critical instru [...]
Uganda insurers challenged to overhaul products to match customers’ economic realities
Insurance stakeholders have been challenged to rethink how they design and deliver products, with a strong call to align offerings to the real financi [...]
Inaccurate risk assessment remains top barrier for cyber insurance underwriting, finds GlobalData
Appetite for offering cyber insurance remains mixed, as difficulties in assessing risks create challenges in ensuring profitability, according to a ne [...]
New partnership to identify evolving natcat threats to support insurers
Willis has agreed a scientific partnership with researchers at Cornell University and the Atkinson Center for a Sustainable Future to identify evolvin [...]
What happens after a building collapse: the South African process
The recent and deeply tragic building collapses in George, Verulam, and, most recently, Ormonde, have brought renewed attention to a difficult questio [...]