Category: Social
ESG offers unparalleled opportunity for insurers, suggests KPMG
ESG offers an unparalleled opportunity for insurers, says KPMG in a new report on the state of the South African insurance market. It says the concept [...]
Resilience and sustainability ‘top of mind’ as insurers reassess global risks
Insurers and reinsurers must find innovative ways to identify, mitigate and transfer the risks associated with climate, cybercrime, pandemic and socia [...]
Kenya’s regulator seeks insurance framework to sustainably grow medical covers
Kenya’s insurance regulator is closer to creating a legal and regulatory framework to grow uptake of private insurance through reduced costs without p [...]
Resilient reinstatement: insurers explore ways to achieve net zero
The general insurance industry will have to reinvent its coverages and operating models to make a more meaningful contribution to reducing global carb [...]
Nigeria, Kenya and South Africa generating majority of malware attacks, says Kaspersky
Out of the more than 206,000 mobile malware attacks blocked by Kaspersky solutions for the Middle East, Turkey and Africa (META) region in just six mo [...]
Cameroon joins ATI
Cameroon has become the 19th African member state of African Trade Insurance Agency (ATI), with a subscribed capital contribution of €11.37m, with the [...]
Surge in ransomware attacks hitting insurers
Allianz Global Corporate & Specialty (AGCS) was involved in more than 1,000 cyber claims overall in 2020, up from about 80 in 2016. The number of [...]
Africa rebounding from Covid-19 says World Bank, but needs vaccines
Sub-Saharan Africa (SSA) has proved resilient in the face of the Covid-19 pandemic and is set to emerge from the 2020 recession with growth expected t [...]
SA government makes payment to Sasria to cover riot claims
The South African government is reported to have agreed to cover the damages linked to the riots that started in July 2021.
The Treasury is paying [...]
New agriculture strategy for Tanzania to launch in June 2022
Tanzania should have a new agricultural insurance strategy in place by June of next year. Speaking at an agriculture insurance webinar, organised by t [...]