Tag: Feature
AXA Climate contributes to the launch of a parametric insurance project across multiple cities in Togo
AXA Climate, part of global insurer AXA Group, London-based broker Howden and Togo-based non-governmental organisation Pionners en Action pour le Déve [...]
NDSI to strengthen African insurance voice at COP28
As climate-related vulnerabilities and uncertainties continue to escalate in Africa, the significance of the African insurance sector’s role increases [...]
AM Best says reinsurance market stable as tougher stance likely to continue
Rating agency AM Best has maintained its market segment outlook for the global reinsurance segment at stable, citing substantial rate improvement, pri [...]
IRMSA warns South Africa faces risk paradigm shift
Next year will be one marked by even more rapid technological advancement, geopolitical shifts, and environmental uncertainties and the role of risk m [...]
Political risk rising in emerging markets, warns WTW
Emerging markets are facing an escalating debt crisis thanks to high government expenditures during the pandemic, coupled with global inflation and in [...]
How AI could change insurance
The numbers are staggering. ChatGPT amassed 100 million users in its first two months, only for that record to be smashed a few months later by rival [...]
AAR Insurance teams up with Cigna Healthcare in Kenya
Cigna Healthcare, a global health insurance company, has partnered with AAR Insurance Kenya. The pair claim the “collaboration is set to transform the [...]
Navigating uncharted waters – strategic risk management at the forefront of resolving Durban Harbour’s logistics crisis
In response to the escalating crisis at Durban Harbour in South Africa, a leading risk manager is arguing for better risk management across the logist [...]
Insurance industry outlook in Zimbabwe amid economic and market trends
Zimbabwe's insurance market is expanding, but it is still lagging behind in several important areas, players were warned at the three-day Institute of [...]
Africa Re records strong growth in net profit for the first nine months of 2023
The African Reinsurance Corporation recorded a gross written premium income of US$806.5 million for the first nine months of 2023, repre [...]