Tag: Feature
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 [...]
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 [...]