Category: Sustainability
Working with the banks in a positive way pays dividends, says ACRE
Bringing banks, farmers and insurers together in a seamless way will be key to the success of Africa’s agricultural insurance market, believes the CEO [...]
COP29 attracts controversy and decision-making amid focus on insurance targets
The 2024 UN Climate Change Conference (COP29) in Baku, Azerbaijan, has attracted its fair share of controversy this year, with its local leaders being [...]
Hope as bancassurance deepens share in Kenya’s insurance business
The share of bancassurance business in the gross written premiums (GWP) in Kenya has hit 10%, offering hope that the growing partnership between banks [...]
Uganda regulator proposes higher third-party motor insurance premiums to strengthen coverage, boost sector growth
The Insurance Regulatory Authority of Uganda (IRA) is proposing to increase third-party motor insurance fees in an effort to expand coverage and make [...]
Insurance Institute of Zimbabwe marks leadership change with emphasis on education, innovation and collaboration for sustainable growth
Continued innovation, training and collaboration presents an opportunity for insurance players to break into new grounds and recruit more people into [...]
Regulator spooks Nigerian insurers with deadline for settling outstanding claims
The Nigerian insurance industry regulator’s directive for underwriters to settle all outstanding claims by the end of December 2024 as a way of boosti [...]
IAIS approves new capital standard for internationally active insurers
The International Association of Insurance Supervisors (IAIS) Executive Committee has approved the final version of the Insurance Capital Standard (IC [...]
Two flood insurance products launched for Ghana in major collaborative effort
Two parametric flooding policies have been launched in the Ghana market in response to the increasing flood risk and limited financial protection.
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Oil giant Shell wins appeal, after earlier ruling insists it cuts carbon emissions by 45%
Oil giant Shell has won a landmark case in the Dutch courts, overturning an earlier ruling requiring it to cut its carbon emissions by 45%.
Last ye [...]
New guide on exposure management launched
Oasis Loss Modelling Framework (Oasis LMF) has launched Navigating the Storm: the C-Suite Guide to Mastering Exposure Management.
The report aims t [...]