Tag: Feature
Mozambique ship hit by Houthis in latest Red Sea terror escalation
A Mozambique-flagged LPG tanker carrying 28 Indian crew members was attacked in Iranian territorial waters on Friday, the Indian embassy in Tehran h [...]
New framework hopes to end risk of phone crime in South Africa
Every day, a stolen identity and a fraudulently registered SIM card somewhere in South Africa can become the opening move in a bank account takeover, [...]
Marine insurance rates rise rapidly in response to Houthi threats
Insurance rates have been spiralling since the start of the conflict between the US and Iran and last week the insurance cost of shipping goods throug [...]
Super El Nino likely to hit African economies hard, warns AfDB
An impending "super" El Niño is likely to inflict a combined US$10 billion-US$20 billion hit on affected African countries and trigger mass migration [...]
Increasingly complex interconnected risk environment threatens African firms
Companies in South Africa are facing an increasingly complex risk environment as cyber threats, fraud, governance failures, business interruption and [...]
Former MPs embrace insurance as Uganda’s life cover market records historic growth
Uganda’s insurance industry is witnessing a major shift in public attitudes towards financial planning, with former Members of Parliament becoming the [...]
Insured catastrophe loss rising, warns latest Aon report
The world saw above-average insured natural catastrophe loss in the first half of 2026, reports broker Aon, and, although global catastrophe losses re [...]
Africans remain resilient in the face of global challenges agree major institutions
Global economic storms will continue to test African institutions, agreed the continent’s leading bankers and major financial institutions.
Meeting [...]
Insurers remain resilient in face of global challenges, says IAIS
Global macro-financial conditions in 2025 were marked by slower economic growth, moderating inflation, rising uncertainty, increased protectionism, ge [...]
Companies fear food chain under increasing threat, warns Willis
Fears over food safety and health have risen sharply, with almost half of companies (45%) naming this among their biggest risks, up from 29% in 2024, [...]