Category: Sustainability
President Buhari finalises Nigeria’s membership of ATI
Nigeria has become a full member country of Africa Trade Insurance Agency (ATI), after president Muhammadu Buhari signed the final papers.
The west [...]
Regulators stepping up insurer requirements on climate change
The Sustainable Insurance Forum (SIF) has launched its half-yearly report, with news from South Africa that the regulators will want insurers to consi [...]
Africa escapes major cat in first half-year
Global economic losses from natural catastrophes and man-made disasters in the first half of 2020 were $75bn, according to Swiss Re Institute's prelim [...]
Two Covid-19 modelling tools launched for Africa
The Africa Centres for Disease Control and Prevention (Africa CDC) and African Risk Capacity (ARC) have launched two Covid-19 modelling tools for Afri [...]
Challenging times for South Africa’s BI insurers
South African insurers with business interruption (BI) policies are having a tough time, as the first case goes against the insurer and as the regulat [...]
VIDEO: What can insurers learn from Covid-19 to future-proof their businesses?
Insurers from across the continent were asked what lessons have been learned from the Covid-19 pandemic and how would these help future-proof thei [...]
South African regulators encourage BI payments, before courts make a decision
South Africa’s Financial Sector Conduct Authority (FSCA) and the Prudential Authority (PA) have reached an understanding with non-life insurers most a [...]
Insurers make growing contribution to UN’s sustainable development goals
In the third session of the UNEP's Principles for Sustainable Insurance Initiative (PSI) series, stakeholders from across the insurance industry – and [...]
Ratings agencies explain credit warnings on Africa
S&P Global Ratings and Fitch ratings have both warned of downgrades and negatives watches across Africa as the Covid-19 pandemic takes its toll. I [...]
Food security becomes key insurance concern
Food security is fast becoming a key insurance concern, as populations struggle under the combined threat of Covid-19 and continuing severe weather ac [...]