Category: Sustainability
The future of AI in insurance – it’s not enough to tinker, warns McKinsey
Once in a great while, a technological innovation comes along that changes the world, and businesses have to adjust—or potentially decline into irrele [...]
South Africa stuck in a rut: how can it escape the trap of economic stagnation?
Nearly two decades after joining BRICS, South Africa has failed to deliver on its development promises, warns credit insurer Coface. Per capita GDP in [...]
Kenya’s insurers, reinsurers and intermediaries face higher annual fees
Kenya’s insurers, reinsurers and intermediaries could soon pay more for annual licence renewals as the National Treasury moves to raise regulatory fee [...]
Quiet third quarter in terms of global disasters, reports Aon
Although the third quarter has not produced major global disasters in terms of insured or economic losses, the human toll remained significant, report [...]
Geopolitical risks still hampering business development, warn Willis and Munich Re
Commodity traders are facing renewed geopolitical risks as military conflicts proliferate, tariffs increase and global supply chains come under pressu [...]
Continental Re launches 11th edition of journalism awards
Pan-African reinsurer, Continental Reinsurance Plc, has launched the 11th edition of Pan-African (Re)Insurance Journalism Awards.
The awards ho [...]
VIDEO: Disaster preparedness needs to be front and centre for Africa’s insurance industry
Daniel Clarke, executive director of the Centre for Disaster Protection, discusses the International Day for Disaster Risk Reduction while looking [...]
African underwriters must embed forward-looking resilience in their risk management strategies
African insurers and reinsurers should give resilience a forward-looking approach by not only responding to risks after they occur but also anticipati [...]
Capacity constraints test Zimbabwe’s funeral insurers in push to adopt IFRS 17
Zimbabwe’s funeral underwriters are taking baby steps in switching to International Financial Reporting Standard 17 (IFRS 17), coming nearly three yea [...]
Reinsurance forum pushes for local capital retention to strengthen African markets
African reinsurers must act to curb the export of capital abroad, according to speakers at the African Insurance Organisation (AIO) reinsurance forum [...]