Category: Sustainability
Why CBAM is no perfect fit for Africa’s just transition approach
The European Union (EU) carbon border adjustment mechanism (CBAM) is the latest in a long line of climate policy decisions that highlight discrepancie [...]
Global natural catastrophe insured losses exceed $102bn, warns Aon
In its Q3 Global Catastrophe Recap report, broker Aon has revealed that there were at least 280 notable global natural disaster events in the Q1-Q3 pe [...]
Climate change still tops AXA’s risk list for 2024, but misinformation a rapidly growing threat
AXA’s 11th Future Risks Report has revealed the polycrisis facing societies and warned that the risks around false information are growing rapidly, wh [...]
New disaster resilience vehicle from Lloyd’s launched with plans to expand to Africa
Lloyd’s of London has announced a pioneering disaster resilience vehicle with the United Nations Capital Development Fund (UNCDF) to deliver disaster [...]
Risk agency warns Gauteng’s water crisis will intensify without strategic action
Gauteng province, in South Africa, is facing a critical summer as Rand Water warns that the province’s water storage may soon be depleted. Considering [...]
(Re)insurance industry committed to progress through partnership and innovation
Each stakeholder within the (re)insurance ecosystem should have a clearly defined role if the industry is to remain resilient in response to the growi [...]
International regulatory group IAIS puts climate change at the top of its strategic themes for the next five years
Amid global trends expected to shape the insurance landscape for the next five years, the International Association of Insurance Supervisors (IAIS) ha [...]
ATIDI names new chair and deputy
At its 101st meeting held on 5 October 2024, the board of directors of African Trade & Investment Development Insurance (ATIDI) announced the elec [...]
VIDEO: Parametric products increasing their reach across Africa
As part of a round table hosted by Mukfin and Africa Ahead, African insurance expert Junior Ngulube discusses the way in which parametric insuranc [...]
Africa reinsurance market braces for surge in prices after US hurricanes
As the US deals with the aftermath of two back-to-back major hurricanes, the African reinsurance market is bracing for an unexpectedly tougher rei [...]