Category: Sustainability
Africa’s insurance regulators push for faster claims settlement to grow penetration
Regulators of insurance business across African countries are piling pressure on underwriters to improve their claims management processes with hopes [...]
Baltimore bridge collapse poses new pain point for marine insurers
The global marine insurance market is waiting to assess the final fall-out and global impact of the accident in which container vessel Dali crashed in [...]
Uganda insurance regulator stresses need for more innovations to deepen penetration
The Uganda insurance sector regulator is challenging players to tweak the packaging of their current products and develop new ones to fit the changing [...]
Zimbabwe’s severe drought a reminder of importance of agricultural insurance
Zimbabwe is grappling with a severe drought, reminiscent of a similar dry spell experienced in 2014, reinforcing the message that the sustainability o [...]
Regulators stepping up demands for climate risk transparency, says Moody’s
Financial regulators in a growing number of jurisdictions are mandating that companies disclose their exposure to climate-related risks, including car [...]
Global Shield chooses the Centre for Disaster Protection to co-ordinate support for insurance
The Centre for Disaster Protection has been selected as the coordinator for the technical advisory group (TAG) of the Global Shield against Climate Ri [...]
ATIDI backs major hydro project in Burundi
Credit insurer ATIDI, the African Trade Insurance Agency, has supported Songa Energy’s 1.65 MW run-of-the-river hydro project on the Ruv [...]
Three trends set to drive cyber-attacks in 2024
Following two years of high but stable loss activity, 2023 saw a worrying resurgence in ransomware and extortion losses, as the cyber threat lands [...]
VIDEO: Botswana insurance market ripe for development
Sam Rimai, managing director and founder of Southern Summit Reinsurance, discusses the wider state of the Botswana economy and how that plays out [...]
Banks and insurers cautioned against rushed net-zero plans that may promote green-washing
Insurers and banks are being asked to stick to their net-zero plans and avoid falling into a rushed transition that may encourage green-washing in th [...]