Category: Sustainability
Mozambique ship hit by Houthis in latest Red Sea terror escalation
A Mozambique-flagged LPG tanker carrying 28 Indian crew members was attacked in Iranian territorial waters on Friday, the Indian embassy in Tehran h [...]
Marine insurance rates rise rapidly in response to Houthi threats
Insurance rates have been spiralling since the start of the conflict between the US and Iran and last week the insurance cost of shipping goods throug [...]
Increasingly complex interconnected risk environment threatens African firms
Companies in South Africa are facing an increasingly complex risk environment as cyber threats, fraud, governance failures, business interruption and [...]
Former MPs embrace insurance as Uganda’s life cover market records historic growth
Uganda’s insurance industry is witnessing a major shift in public attitudes towards financial planning, with former Members of Parliament becoming the [...]
Insured catastrophe loss rising, warns latest Aon report
The world saw above-average insured natural catastrophe loss in the first half of 2026, reports broker Aon, and, although global catastrophe losses re [...]
VIDEO: Private capital taking sustainable approach in African insurance sector
Mikir Shah, CEO at Africa Specialty Risks, talks to Liz Booth about the fresh influx of capital into the African insurance market and explains why [...]
Africa Re at 50 signals maturity of African reinsurance market
Africa Re at 50 signals maturity of African reinsurance market
The African Reinsurance Corporation has celebrated the 50th anniversary of its f [...]
Zimbabwe reassessing as climate risk rewrites Africa’s agricultural insurance
In rural Zimbabwe, communal farmers would prepare their land in June and July, ahead of time, waiting for the first rains in October. Most of the peop [...]
Technology and alliances at the centre of Nigeria’s push for higher insurance uptake
The persistently low level of insurance penetration in Nigeria despite a population exceeding 250 million, is a structural market reality with implica [...]
FANAF commits to inclusive insurance pact to double penetration by 2040
The African insurance sector has turned a new page in its history as the Federation of African National Insurance Companies (FANAF) adopted an inc [...]