Tag: Feature
AfDB approves US$6 million grant to help with disaster preparedness financing across Africa
The African Development Bank Group (AfDB) has approved a US$6 million grant to support the African Risk Capacity (ARC) in boosting disaster preparedne [...]
D&O: directors warned to act early or risk everything
Company directors have been warned that delaying action during financial distress may trigger personal liability for reckless trading prohibited and r [...]
Cyber cover most in demand to reduce geopolitical risks, survey finds
Cyber insurance has emerged as the most in-demand insurance product as escalating geopolitical tensions drive a surge in cyber threats. With conflicts [...]
Mozambique given $2 million premium for drought protection
Mozambique has received a US$2 million insurance premium for drought protection covering the 2025-2026 agricultural season, marking the country's thir [...]
The future of AI in insurance – it’s not enough to tinker, warns McKinsey
Once in a great while, a technological innovation comes along that changes the world, and businesses have to adjust—or potentially decline into irrele [...]
South Africa stuck in a rut: how can it escape the trap of economic stagnation?
Nearly two decades after joining BRICS, South Africa has failed to deliver on its development promises, warns credit insurer Coface. Per capita GDP in [...]
Kenya’s insurers, reinsurers and intermediaries face higher annual fees
Kenya’s insurers, reinsurers and intermediaries could soon pay more for annual licence renewals as the National Treasury moves to raise regulatory fee [...]
Quiet third quarter in terms of global disasters, reports Aon
Although the third quarter has not produced major global disasters in terms of insured or economic losses, the human toll remained significant, report [...]
South Africa should fast-track execution of national transport strategies, urges Riskonet Africa
South Africa’s transport system is no longer just inefficient; it has become a national risk given the more than 15,000 motor vehicle and more than 10 [...]
Cybercrime: South Africa’s silent business killer
South African businesses are operating in one of the most dangerous digital landscapes in the world. Cybercrime is no longer an emerging risk—it is th [...]