Category: Sustainability
Global resilience hit hard by Covid-19 pandemic, but insurance has key role for future
The Covid-19 pandemic is expected to reduce global macroeconomic resilience by about 20% in 2020 from 2019 levels, according to the latest annual Swis [...]
Rebuilding Africa and strengthening its resilience against future economic shocks
After demonstrating its resilience during the ebola outbreak and the global financial crisis, Africa is once again facing a severe test of its strengt [...]
Tough competition is threatening African insurers’ sustainability
Players in the insurance sector have been urged to rethink their predatory pricing strategies as they are hampering the growth of the insurance sector [...]
ATI names new CEO
The African Trade Insurance Agency (ATI) has confirmed a number of key senior-level positions, including the appointment of Manuel Moses as the new CE [...]
ILRI to launch livestock insurance for Sahel and Horn of Africa
Nairobi-headquartered International Livestock Research Institute (ILRI) is launching an index-based livestock insurance for the Sahel and the Horn of [...]
S&P affirms Africa Re’s A- rating
Standard & Poor’s (S&P) has reaffirmed the financial strength rating of the African Reinsurance Corporation (Africa Re) at A- (strong) with a [...]
Willis signs deal on disease modelling
The Willis Research Network (WRN) has agreed a new partnership with Metabiota, a risk analytics organisation that specialises in infectious diseases m [...]
Naicom congratulates market on Covid-19 donations
Nigerian insurance regulator Naicom has congratulated the insurance market for its generosity in donations to support the local fight on Covid-19. Lea [...]
Banks increasing transparency on climate finance
As the banks globally increase their commitment to the ESG agenda in line with increasing regulatory requirements, multilateral development banks (MDB [...]
Insurance market proving resilient
Global average commercial insurance prices increased 19% in the second quarter of 2020, according to the Global Insurance Market Index released by Mar [...]