Tag: Feature
Fires main cause of major marine claims, reports Cefor
Fires were the main cause of major marine claims in the first half of 2025 and were responsible for four payouts that topped the $20m mark, according [...]
Moody’s shifts outlook downwards on global reinsurance sector
Rating agency Moody’s has changed its outlook on the global reinsurance sector to stable from positive.
It blames the outlook shift on property pri [...]
Emerging risks could add US$5 billion of premium annually to casualty market, says Aon
Emerging risks in the casualty sector could contribute approximately US$5bn of reinsurance premium annually, according to a new report.
Aon’s casua [...]
Cat bonds surpassed US$21 billion in past 12 months, reports Aon
Catastrophe bond issuance surpassed US$21 billion during the most active 12-month period in the history of the insurance-linked security (ILS) market. [...]
Uganda nears rollout of Islamic insurance as IRA awaits Finance Minister’s approval
Uganda is set to launch Takaful, a Shariah-compliant insurance model aimed at enhancing financial inclusion and catering to the needs of the Muslim co [...]
Protecting integrity defenders must become a national priority for South Africa, ACFE warns
South Africa has reached a point where corruption is no longer a matter of misallocated budgets or inflated invoices. It has become a threat to person [...]
ATIDI works to boost Japan’s links to Africa
To deepen economic ties between Japan and Africa, the African Trade & Investment Development Insurance (ATIDI), Mitsubishi UFJ Financial Group [...]
Africa Re announces strong half-year 2025 financial results
African Reinsurance Corporation (Africa Re) has reported strong financial results for the first half of 2025, underpinned by continued growth in p [...]
Disaster risk financing must start with preparedness, not payouts, Riskonet Africa warns
As South Africa faces a rising tide of climate shocks, collapsing infrastructure and mounting insurance claims, the National Treasury’s new plan to ov [...]
Insurers could improve internal modelling of natcats, suggests Aon survey
Almost half of insurers do not license catastrophe models and only 27% have dedicated model evaluation teams, potentially limiting their insights and [...]