Tag: Feature
Two reports on cyber cover warn there is more to be done by insurers
Cyber business interruption risks should receive the same level of attention as that given to information technology security controls and ransomware [...]
South African risk community calls for stronger risk management to support SONA 2025 goals
The Institute of Risk Management South Africa (IRMSA) has called on risk professionals to play a proactive role in ensuring the successful implementat [...]
South Africa insurance sector remains stable, says Moody’s
The South African insurance sector remains stable as the country's economic conditions slowly improve, according to Moody’s Ratings.
Will Keen-Toml [...]
Development insurance plays pivotal role in economic growth, says ATIDI
Development insurance plays a pivotal role in fostering economic growth by providing investment, trade and political risk-mitigation covers designed t [...]
Insurers struggling with artificial intelligence adaptation
Despite forging ahead with generative artificial intelligence (gen AI) use cases and capabilities, many insurance companies are finding themselves stu [...]
Insurance protection gap for natcats estimated at 60%, warns WTW
As 2024 becomes the first year to exceed 1.5°C warming above pre-industrial levels, the insurance protection gap for natural catastrophes is estimated [...]
European regulators show direction of travel on insurer standards factoring natural catastrophes
The European Insurance and Occupational Pensions Authority (EIOPA) is recommending updates to the way natural catastrophe risks are accounted for in i [...]
International insurance regulators publish roadmap for 2025-2026
The International Association of Insurance Supervisors (IAIS) has published its Roadmap 2025-2026, the first under the new IAIS Strategic Plan 2025-20 [...]
South Africa’s risk managers urged to prepare for geopolitical and economic uncertainty
The Institute of Risk Management South Africa (IRMSA) is urging local risk managers to prepare for an increasingly uncertain global and domestic lands [...]
Global natural disasters 14% up on 21st-century average in 2024, warns Aon
Global natural disaster events caused US$368 billion (2023: $397 billion) in economic losses in 2024, driven by hurricanes and severe convective storm [...]