Category: Sustainability
Impact of Covid-19 felt in Munich Re figures
Developments in South Africa contributed to Covid-19-related losses of €140m for Munich Re in the second quarter (Q2) of 2021, a higher amount than in [...]
Clear warning for Africa on climate change issued by UN
A clear warning has been sounded by scientists across the world as the reality of climate change begins to bite – something that insurers will be watc [...]
Nigerian insurer gains approval for microinsurer arm
Consolidated Hallmark Insurance (CHI) has acquired a new operational licence to operate a microinsurer. The regulator, the National Insurance Commissi [...]
Opportunities and risks for trade credit insurers
Major economies have seen a return to economic growth after sharp contractions in performance in 2020 due to the pandemic. While Covid-19 will continu [...]
Global insurance industry picks up the net-zero refrain
The insurance and reinsurance sectors will play a significant role in transitioning the global economy to its ambitious net-zero carbon emissions goal [...]
Insurance at heart of climate change mitigation for vulnerable countries
As climate change worsens extreme weather events across the globe, the Vulnerable Twenty (V20) group of ministers of finance – comprising 48 climate-v [...]
VIDEO: Is the hardening market impacting all markets?
Afro Asian Insurance Services and Africa Ahead: the Sustainability Challenge held an online forum to discuss the hardening reinsurance market and its [...]
The endless legal war to control Two Nigerian market behemoths
It seems the war of attrition between the Federal Government of Nigeria and the Global Fleet Group, owned by barrister Jimoh Ibrahim, over the control [...]
Moody’s expands insurance data with RMA acquisition
Moody's Corporation and RMS have entered into a definitive agreement for Moody’s to acquire RMS, a global provider of climate and natural disaster ris [...]
Africa Specialty Risks launches Bermuda reinsurer
Africa Specialty Risks (ASR), the pan-African focused reinsurance group, has launched a licensed reinsurance entity in Bermuda.
The Group will offe [...]