Category: Sustainability
New flood insurance solution completed for Lagos state
The Insurance Development Forum (IDF) announces the successful completion of the design of a parametric flood insurance solution for the Lagos State G [...]
GFIA urges insurers to help communities plan for climate change
The Global Federation of Insurance Associations (GFIA) has published a series of recommendations to involve insurers to help communities better prepar [...]
ATIDI guarantee backs lending consortium for Rwanda’s new international airport
Credit insurer ATIDI has approved a US$84 million counter-guarantee to support three local Rwandan banks and one regional bank in issuing bonds an [...]
Africa set for growth as UK businesses look for new opportunities
UK business leaders are increasingly looking to Africa as a key market for long-term growth, driven by structural reforms, demographic momentum and ra [...]
VIDEO: Providing tools to help insurers manage climate change risks
Nick Moody, co-ordinator of the risk modelling steering group at the Insurance Development Forum (IDF), talks to Liz Booth about the challenges ma [...]
Recurring civil unrest and climate shocks demand insurance for Africa’s informal sector
Africa’s insurers must innovate targeted products to protect the informal sector from the growing wave of political violence and climate-related d [...]
Shrinking hail insurance deals blow to Zimbabwe’s climate resilience solutions
In 2018, heavy rains left small-scale tobacco farmers in Zvimba counting their losses after extensive crop damage. Similarly, a hailstorm in 2021 dest [...]
Uganda’s insurers urged to increase focus on agents to boost penetration
Ugandan insurers have been urged to capitalise on insurance agents who now contribute over 60% of life insurance premiums to grow penetration in the E [...]
Ivory Coast: Insurance mediation as a solution to the trust deficit between policyholders and insurers
The Association des Sociétés d'Assurances de Côte d'Ivoire (ASA-CI) has set up an independent institution, insurance mediation, to speed up the se [...]
Maiden Nigerian insurance week pushes for reforms, sustained awareness
Nigeria’s first-ever Insurance Week called for regulatory reforms and sustained public awareness as part of the latest push to boost insurance penetra [...]