Tag: Feature
SanlamAllianz Re (Mauritius) receives A- rating from AM Best
SanlamAllianz Re (SAZ Re) (Mauritius) has been assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Ex [...]
Ivory Coast’s insurance market: Challenges in the race to boost penetration in rural areas
Côte d'Ivoire's insurance market is one of the most dynamic in the CIMA zone, and it comprises 14 French-speaking countries in West and Central Af [...]
African companies fear government’s ability to respond to major cyber attack, warns WEF
African businesses are more worried about their government’s ability to respond to major cyber incidents than colleagues in Europe or North America.
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Climate change impact clear to see in 2024 disaster figures, warns Munich Re
Worldwide, natural disasters caused losses of US$320bn in 2024 (2023, adjusted for inflation: $268bn), of which around $140bn ($106bn) were insured, s [...]
ASR launches first Africa-focused Lloyd’s Consortium
Africa Specialty Risks (ASR), the Africa- and Middle East-focused (re)insurance group, has launched the first Africa-focused Lloyd’s Consortium.
Th [...]
World’s largest companies add nature threats to ESG commitments, says McKinsey
The world’s largest companies increasingly recognise the risks and opportunities presented by nature and natural capital, according to a new report fr [...]
Reinsurance market starts 2025 in strong position, suggests Aon
The reinsurance industry starts 2025 in a strong position, according to the final Reinsurance Market Dynamics report from Aon.
It reported that glo [...]
Strong reinsurer appetite drives excess property catastrophe capacity, says Guy Carpenter
Non-loss-impacted property catastrophe renewals saw notable risk-adjusted reinsurance rate reductions of 5% to 15% on January 1. However, there was a [...]
Insurers turn to facultative reinsurance as a strategic tool, suggests WTW
Facultative reinsurance is increasingly seen as a core element of risk management strategies; however, insurers may face significant barriers accessin [...]
ATIDI signs framework agreement with African Solidarity Fund to mitigate investment risks
African Trade & Investment Development Insurance (ATIDI) and African Solidarity Fund (ASF) have signed a framework co-operation agre [...]