Category: Social
Munich Re insurance revenue up in H1
Munich Re generated a net result of €1,623m (1,154m) in the second quarter of 2024 and €3,763m (2,425m) in the first six months of the year. Insurance [...]
Global natural catastrophe half-year losses down on 2023 figures, according to Munich Re
Global losses in the first half of 2024, at US$120bn, were lower than in the previous year ($140bn), according to the latest report from Munich Re.
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Political unrest and climate crisis pose significant risks to Olympics says South African risk consultancy
The Paris Olympic Games that have just started face risks on several fronts, according to South African risk consultancy Riskonet Africa.
“The most [...]
Renewable energy sector holding its own in face of flurry of challenges, says WTW
The renewable energy sector has shown resilience and optimism in 2024 despite facing constraints such as climate issues, supply chain disruption, casu [...]
Product innovations fuel Uganda’s medical insurance growth
Uganda’s health insurance has posted a rise in written premiums, reflecting benefits of rolling out innovative products and riding on strategic partne [...]
Personalised insurance could be a game changer for insurance in Zimbabwe
Zimbabwe’s insurance sector can change prospects of the industry if companies embrace products tailor-made for customers, according to experts.
The [...]
Addressing poverty and unemployment key to lifting insurance uptake in Nigeria
Insurers in Nigeria are being asked to collaborate with government and other stakeholders in the financial sector in lifting people out of poverty and [...]
Continental Re underwriting profit up 108% in 2023
Continental Reinsurance Plc has seen substantial growth and strong performance across various metrics in 2023, with reinsurance revenue increased to N [...]
Insurers face reality of a major cyber incident after CrowdStrike failure
A recent incident involving CrowdStrike, an endpoint detection and response (EDR) provider, brought the reality of the ever-evolving cybersecurity lan [...]
Cyber risk most significant to insurers, GlobalData survey reveals
Cyber risk is now deemed the most significant threat to the insurance industry, surpassing natural catastrophes and political risks, according to insu [...]