Category: Sustainability
Insurers, reinsurers vie for climate change premium dividend
Up to US$20-billion in additional risk premium is up for grabs between today and 2030 as global insurers and reinsurers respond to powerful megatrends [...]
Uniting Africa through climate change mitigation could be end goal for insurers and reinsurers
Regulators have a key role to play in driving harmonisation in mitigation against climate change, agreed delegates at a round table held by African Ri [...]
Insurers must improve their sustainability to deal with future natural disasters across Africa and access available finance
The projected growth of the African economy of 7% is now under threat because of the recent increase in natural catastrophes, said the incoming presid [...]
Insurance experts guide Ugandan brokers to navigate evolving business landscape
Insurance experts recently provided valuable insights to Ugandan insurance brokers on adapting to the dynamic business environment, emphasising the im [...]
Zimbabwe government delays takeover of third-party insurance
The Zimbabwe government’s planned takeover of third-party motor insurance from private insurance companies has been delayed, after promising a major u [...]
Deployment of chatbots in the Zimbabwe’s insurance market causes rapid revolution
Africa has a unique opportunity to influence what the future of work looks like in these early days as large language learning models (LLMs) are evolv [...]
ARC Ltd pays US$9.9 million to Zambia as drought bites
The Zambian government has received a pay out of US$9.9 million from ARC Ltd. to tackle the devastating drought conditions gripping the [...]
Real opportunity for insurers as climate change risk increases, says Axis
Climate change is both a driver of change and a source of risk, according to a new report from a leading international insurer.
It warns that clima [...]
Insurers and development agency form new disaster risk management alliance
The Insurance Development Forum (IDF) and the French Development Agency Group (Agence Française de Développement and Expertise France – the AFD Group) [...]
Modelling and pre-arranged finance the way to cope with Africa’s growing natural disasters, suggests Munich Re
Insurers and governments must work together if they are to tackle the increasing numbers of natural disasters in Africa.
This was the message from [...]