Tag: Feature
IAIS launches practical steps on closing the natcat protection gap
Practical steps to closing the insurance protection gaps have been published by the International Association of Insurance Supervisors (IAIS).
Toge [...]
Insurance particularly vulnerable to AI threats, claims new research
New research suggests financial services and insurance companies are at particular risk from artificial intelligence (AI) after finding that almost al [...]
Global protection gap down thanks to high US natural catastrophe losses, says Aon
The global protection gap has shrunk to its lowest level on record to 38%, according to the half-year natural catastrophe report from Aon, but the fig [...]
New flood insurance solution completed for Lagos state
The Insurance Development Forum (IDF) announces the successful completion of the design of a parametric flood insurance solution for the Lagos State G [...]
GFIA urges insurers to help communities plan for climate change
The Global Federation of Insurance Associations (GFIA) has published a series of recommendations to involve insurers to help communities better prepar [...]
ATIDI guarantee backs lending consortium for Rwanda’s new international airport
Credit insurer ATIDI has approved a US$84 million counter-guarantee to support three local Rwandan banks and one regional bank in issuing bonds an [...]
Africa set for growth as UK businesses look for new opportunities
UK business leaders are increasingly looking to Africa as a key market for long-term growth, driven by structural reforms, demographic momentum and ra [...]
South Africa’s fraud epidemic deepens
South Africa is facing a deepening fraud and corruption crisis, with fresh data pointing to a surge in financial crime across sectors from banking an [...]
Relationships between insurers and governments highlighted at Africa Re general assembly
The partnership between government financial institutions and pan-African institutions such as Africa Re will remain critical, confirmed delegates [...]
South Africa’s youth are dangerously unprepared for risk, warns IRMSA
In the aftermath of the catastrophic floods that struck the Eastern Cape province, claiming the lives of more than 98 South Africans, a powerful call [...]