Category: Sustainability
IAIS launches final consultation on climate risk
The International Association of Insurance Supervisors (IAIS) has launched a fourth and final public consultation on climate risk, aimed at promoting [...]
GenAI set to transform insurance sector, suggests GlobalData
Generative artificial intelligence (genAI) is set to transform financial services across insurance, banking and wealth management, suggests GlobalData [...]
Africa Re’s turnover crosses $1-billion for first time in 2023 results
Africa Re has reported a record US$1-billion turnover, crossing that threshold for the first time in 2023.
Speaking at the 46th annua [...]
Business email compromise – a potentially devastating yet often overlooked cyber threat, warns Guy Carpenter
While the cyber insurance market may categorise business email compromise (BEC) claims as more attritional and frequency-driven, a new report from Guy [...]
New reinsurers not emerging despite good conditions, finds AM Best
Despite returns reaching a three-decade high for reinsurers, a new class of companies has yet to materialise in the segment, defying past trends.
A [...]
Navigating shifting risks in the insurance industry
Today’s insurers are exposed to multiple risks, from financial risks, such as shifting interest rates, changing costs and sources of capital, and incr [...]
VIDEO Part 2: Claims must be paid, stresses Microinsurance Network chair
Part 2: Without paying claims, the insurance industry would find it impossible to build its microinsurance business across Africa, suggests Lorenz [...]
Insurance has key role in helping world “wake up” to polycrisis
Insurers can use their position to wake the world up to the environmental crisis it is facing, a leading academic has suggested.
Speaking at th [...]
Hope as more farmers embrace Uganda’s agricultural insurance
Uganda’s agricultural sector serves as the backbone of its economy, employing a majority of the population and significantly contributing to the count [...]
The complex offsets in Africa’s energy transition
The difficulty in reconciling on-the-ground actions with global net-zero undertakings could have severe financial consequences for South Africa’s plan [...]