Tag: Editor's Pick
Need for Nigerian consumers to understand how insurance market works
Nigeria’s ‘no premium, no cover’ rule was introduced some years ago to ensure consumers were properly protected and that the insurance industry was fu [...]
Insurers need to keep weather eye on water challenges in cities
Cities in Africa face escalating water-related challenges, compounded by worsening climate change and rising urbanisation. Water insecurity threatens [...]
Kenya’s NHIF looks to cut fraud in bid for sustainability
Kenya’s primary health cover provider, the National Hospital Insurance Fund (NHIF), is counting on biometrics to speed up claims settlement and cut in [...]
VIDEO: Are African insurers ready to compete against digital disruptors?
Ryan McGovern, chief product officer at Virtual I Technologies, explains some of the challenges of remaining sustainable as an African insurance entit [...]
ARC awarded top ESG score in the insurance industry
African Risk Capacity (ARC) Limited has received the global insurance industry’s top overall environmental, social and governance (ESG) score.
The [...]
Should insurers boycott the oil and gas sector in the name of climate change?
With the international community pushing for a rapid decrease in carbon emissions due to climate change, there has been a significant decline in forei [...]
Guy Carpenter launches climate risk modelling services
Guy Carpenter & Company has launched a suite of climate advisory and modelling services, as companies look to develop and integrate robust climate [...]
Global players set up net-zero targets for insurance
As the G20 gathers in Venice for its Climate Summit, eight of the world’s leading insurers and reinsurers have made a historic commitment to play thei [...]
Insurers urged to back startups that can drive climate-related innovation
The African Development Bank (AfDB) is recommending that development financial institutions and other investors focus on high-impact, high-growth-pote [...]
VIDEO: The importance of climate change commitments
Malvern Chirume, chief underwriting officer at Africa Risk Capacity, discusses the importance of committing to the new Nairobi Declaration with Gareth [...]