Tag: Feature
Aon reports disasters costing more than average at start of 2024
The first quarter of 2024 saw several notable disaster events, which drove total year-to-date economic losses above $45bn, according to the latest cat [...]
Funding for Africa remains too short, warns AfDB president
African Development Bank (AfDB) Group President Dr Akinwumi Adesina has emphasised the critical need for significantly increased financing to meet the [...]
Africa Specialty Risks launches Lloyd’s syndicate to boost Africa business
Reinsurance group Africa Specialty Risks (ASR) has launched ASR Syndicate 2454 at Lloyd’s focused on underwriting business across Africa.
It is the [...]
Preparing for heightened Middle East tensions
As we enter the second quarter of 2024, one of the most significant geopolitical crises in recent memory is unfolding in the Middle East. Businesses f [...]
Europeans agree on major corporate sustainability law set to benefit African communities
Lawmakers in the European Parliament voted 374 to 235 to adopt a Corporate Sustainability Due Diligence Directive (CSDDD), a key piece of legislation [...]
WAICA adds its voice to the Nairobi Declaration on Sustainable Insurance
The West African Insurance Companies Association (WAICA) is the latest insurance association to sign the Nairobi Declaration on Sustainable Insurance [...]
Biofuel policies threaten food security as vegetable oil prices become more volatile
South Africa was among the countries studied as research from ESSEC Business School has shown biofuel policies cause price volatility of vegetable oi [...]
Good and bad news for Africa from the IMF
Incomes in Sub-Saharan Africa are falling further behind the rest of the world amid a "tepid" economic recovery, the International Monetary Fund (IMF) [...]
New fund set to unlock funding for climate-aligned infrastructure projects across Africa
Two former BNP Paribas bankers have raised almost US$100 million for a new fund which aims to unlock billions of dollars of funding for climate-aligne [...]
GFIA raises concerns about new global insurance tax plan
The Global Federation of Insurance Associations (GFIA) has called for further clarification after a proposal by the UN Tax Committee – a group of expe [...]