Category: Sustainability
Three SA life insurers sanctioned for weak money laundering controls
The South African Reserve Bank (SARB) has imposed administrative sanctions on three life insurers and directed them to take remedial actions, after fi [...]
Is this the new normal?
When the South African government first announced a national lockdown back in March, countless businesses were left scrambling to make working from ho [...]
Santam to make urgent relief payments on CBI policies
Business interruption (BI) policies have borne the brunt of policyholder criticism throughout the Covid-19 pandemic across Africa. Policyholders have [...]
Insurers have golden opportunity to grow their businesses
Insurers across Africa often argue that microinsurance business is unprofitable and that they would rather stick with markets offering better returns. [...]
Climate change becoming a reality, warns Munich Re
While insurers across Africa might be taking heart from the latest natural catastrophe figures for the first half of this year, the message is that cl [...]
Dr Caesar Mwangi joins board of the UN PSI
Dr Caesar Mwangi, CEO of ICEA Lion Insurance Holdings, has been appointed to the board of the UN Principles for Sustainable Insurance (PSI).
Dr Mwa [...]
Proportion of insured cat losses growing globally
In what could be seen as a good result for insurance, the latest natural catastrophe figures from Aon show the overall cost in the first half of 2020 [...]
African swine fever causing major agricultural challenge
As the world struggles with Covid-19, another pandemic is hitting the pork market. African swine fever (ASF) is now present in 51 countries and is cau [...]
Zurich sets out strategy for companies to embrace ESG goals
A UN climate statement on 23 April 2020 contained an important reminder: "The climate emergency has not taken time off for the coronavirus... 2020 rem [...]
Insurers urged to innovate and digitalise to build resilience
Insurers across the continent are being urged to innovate and digitalise to build resilience through the Covid-19 pandemic.
Regulators including Dr [...]