Category: Sustainability
GAIF marks Diamond Jubilee with focus on sustainability
The umbrella body of insurance and reinsurance companies from the Arab region stretching from Iraq to Morocco is marking 60 years of existence with em [...]
Risk awareness critical for insurers’, reinsurers’ sustainability, stresses AGCS
A clear view of the evolving risk landscape and a fluid approach to operational and underwriting decision making are critical for the long-term sustai [...]
South Africa one step closer to a National Health Insurance system, as Ramaphosa set to sign Bill
South Africa’s President Cyril Ramaphosa plans to sign into law a National Health Insurance (NHI) Bill that aims to provide universal health coverage [...]
Push to include community-based health insurance into Uganda’s proposed national scheme
The push to integrate community-based health insurance schemes (CBHIS) into Uganda’s National Health Insurance Scheme (NHIS) is gaining momentum, rais [...]
Kenya’s insurers advise premium top-ups to reflect VAT on compensation
Underwriters in Kenya are advising customers to increase premiums if they have to enjoy the same level of sum assured they were entitled to prior to t [...]
Zimbabwe’s insurers face regulatory sanctions for delaying claims payment
The regulator of insurance and pensions business in Zimbabwe has directed all insurance companies to settle claims on time amid mounting complaints th [...]
New insurance leadership programme launched by IRLA
IRLA, the global membership organisation for insurance and reinsurance legacy professionals, has launched its inaugural Future Leaders Programme (FLP) [...]
ARC Ltd agrees deal with US government to expand access to parametric insurance across Africa
African Risk Capacity Limited (ARC Ltd) has agreed a landmark US$11.7m partnership with the US government, to help expand access to parametric insuran [...]
WTW launches new primary cyber and tech errors and omissions facility with increased limits for international clients
WTW’s International CyCore Facility (ICF) is a new cyber solution for international clients with revenues up to US$ 1bn headquartered outside of the U [...]
P&I renewals up for fifth consecutive year as inflation bites, warns AM Best
Despite a relatively benign year for pool claims in 2023, Protection and Indemnity (P&I) clubs will seek further price improvements at the Februar [...]