Tag: Feature
Munich Re sees higher H1 2025 natcat figures, with African cyclones contributing to the losses
Worldwide, natural disasters caused overall losses of around US$131 billion in the first half of 2025 (previous year, adjusted for inflation: $155 bil [...]
Natcats continue to strain global reinsurance, warns WTW
Natural catastrophes continue to put a strain on global insurance markets as, worldwide, insured losses from natural catastrophes now consistently exc [...]
Black swans are turning grey: outdated risk models threaten SA’s economic recovery
South African companies are sleepwalking into the next crisis, stuck in outdated risk rituals while global volatility accelerates. That was the blunt [...]
AfDB supports insurance adding resilience to Benin farmers
The African Development Bank Group (AfDB) has approved $30.25 million in financing for a groundbreaking climate protection and agricultural sector res [...]
ICJ rules that countries can sue each other for climate change damages
Countries can now sue each other over the damaging effects of climate change including for historic emissions of planet-warming gases, according to a [...]
South Africa’s risk profile shifting rapidly, IRMSA warns in landmark report
South Africa is entering a phase of escalating risk, as institutional fragility, governance failures and energy insecurity increasingly threaten the c [...]
Santam plans Lloyd’s syndicate with ambitious growth promised
South Africa’s largest short-term insurer, Santam, has been granted in principle approval by Lloyd’s to launch a syndicate based in London.
The gro [...]
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 [...]