Category: Sustainability

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Women need insurance or face brunt of climate crisis

Women need insurance or face brunt of climate crisis

Women and girls, especially in rural communities, continue to face the brunt of the climate crisis that exacerbates pre-existing inequalities, jeopard [...]
Drought-stricken Mali receives first-ever ARC Limited climate risk insurance pay-out

Drought-stricken Mali receives first-ever ARC Limited climate risk insurance pay-out

More than 204,000 vulnerable people in drought-affected regions of Mali will benefit from a $7.1m climate risk insurance payout by African Risk Capaci [...]
Storm season lashes Madagascar but help is on the way from insurers

Storm season lashes Madagascar but help is on the way from insurers

Madagascar has been dealt wave after wave of devastating weather events in recent months. First, tropical storm Ana, then cyclone Batsirai, followed b [...]
Le marché des assurances ouest africains face au défi de la recrudescences des coups d’Etat 

Le marché des assurances ouest africains face au défi de la recrudescences des coups d’Etat 

L’Afrique de l’Ouest connait depuis 2020 une recrudescence de coup d’Etat militaires. En moins de 2 ans, c’est presque trois chefs d’Etat élus, qui on [...]
The west African insurance market facing the challenge of the resurgence of coups d’état

The west African insurance market facing the challenge of the resurgence of coups d’état

  West Africa has experienced an upsurge in military coups since 2020. In less than two years, almost three elected heads of state have be [...]
Kenya’s insurance regulator to conduct study on premium pricing amid low penetration

Kenya’s insurance regulator to conduct study on premium pricing amid low penetration

Kenya’s insurance regulator wants to conduct an actuarial study to determine appropriate premium rates for the sector amid persistently lower penetrat [...]
Insurance comes to rescue in Mali and Madagascar after climate disasters

Insurance comes to rescue in Mali and Madagascar after climate disasters

African Risk Capacity, through ARC Replica, has paid out $7.1m to drought-affected regions of Mali. The news comes days after ARC made payments in Mad [...]
Sustainability suffers as cyber risks top rankings, everywhere

Sustainability suffers as cyber risks top rankings, everywhere

Cyber incidents stemming from cybercrime, data breaches and information technology failures featured at the top of the 2022 Allianz Risk Barometer ran [...]
Chaucer launches ESG scorecard to help insurers measure ESG credentials

Chaucer launches ESG scorecard to help insurers measure ESG credentials

Specialty (re)insurance group Chaucer has announced a new collaboration with ratings agency Moody’s to produce a data-driven environmental, social and [...]
South Africa’s drone market is taking off – how is the insurance market responding?

South Africa’s drone market is taking off – how is the insurance market responding?

The drone industry is one of the fastest-growing industries in the world. With greener credentials than fuel, battery-operated drones offer a more eff [...]
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