Tag: Feature
South Africa must prepare now for a more dangerous era of wildfire risk
South Africa should take heed after watching the destructive fires sweeping through France, Spain and other parts of southern Europe, with risk manage [...]
Super El Niño is expected to change weather extremes worldwide, warns Munich Re
While there were slightly fewer natural catastrophes in the first half of 2026 than average, Munich Re is warning the second half of 2026 is expected [...]
Rising volatility hitting construction sector and increasing insurance spend, finds Arch
Geopolitical instability, supply chain disruption, climate change, funding and inflationary pressures, and emerging technologies are all increasing le [...]
Mozambique ship hit by Houthis in latest Red Sea terror escalation
A Mozambique-flagged LPG tanker carrying 28 Indian crew members was attacked in Iranian territorial waters on Friday, the Indian embassy in Tehran h [...]
New framework hopes to end risk of phone crime in South Africa
Every day, a stolen identity and a fraudulently registered SIM card somewhere in South Africa can become the opening move in a bank account takeover, [...]
Marine insurance rates rise rapidly in response to Houthi threats
Insurance rates have been spiralling since the start of the conflict between the US and Iran and last week the insurance cost of shipping goods throug [...]
Super El Nino likely to hit African economies hard, warns AfDB
An impending "super" El Niño is likely to inflict a combined US$10 billion-US$20 billion hit on affected African countries and trigger mass migration [...]
Increasingly complex interconnected risk environment threatens African firms
Companies in South Africa are facing an increasingly complex risk environment as cyber threats, fraud, governance failures, business interruption and [...]
Former MPs embrace insurance as Uganda’s life cover market records historic growth
Uganda’s insurance industry is witnessing a major shift in public attitudes towards financial planning, with former Members of Parliament becoming the [...]
Insured catastrophe loss rising, warns latest Aon report
The world saw above-average insured natural catastrophe loss in the first half of 2026, reports broker Aon, and, although global catastrophe losses re [...]