Tag: Feature
Endless droughts highlight the acute risks due to climate change in east Africa
In the last couple of years, eastern Africa has provided a very clear illustration of the impact of severe droughts in economic, political and humanit [...]
Africa: home to 11 of the fastest-growing economies globally for 2024, says AfDB
Africa will account for 11 of the world’s 20 fastest-growing economies in 2024, the African Development Bank Group (AfDB) said in its latest Macroecon [...]
New insurance leadership programme launched by IRLA
IRLA, the global membership organisation for insurance and reinsurance legacy professionals, has launched its inaugural Future Leaders Programme (FLP) [...]
ARC Ltd agrees deal with US government to expand access to parametric insurance across Africa
African Risk Capacity Limited (ARC Ltd) has agreed a landmark US$11.7m partnership with the US government, to help expand access to parametric insuran [...]
WTW launches new primary cyber and tech errors and omissions facility with increased limits for international clients
WTW’s International CyCore Facility (ICF) is a new cyber solution for international clients with revenues up to US$ 1bn headquartered outside of the U [...]
P&I renewals up for fifth consecutive year as inflation bites, warns AM Best
Despite a relatively benign year for pool claims in 2023, Protection and Indemnity (P&I) clubs will seek further price improvements at the Februar [...]
Kenya insurance sector rising outstanding premiums tests insurers and intermediaries partnership
Kenya’s insurance sector outstanding premiums have crossed the KES50bn mark, putting a spotlight on insurers and intermediaries in the east African ma [...]
SA government needs to go beyond snapshots
South Africa’s 2024 State of the Nation address was nothing more than a series of bland and recycled “snapshots” rather than an opportunity to outline [...]
South Africa’s record-low corruption score sparks economic concerns, warns risk body
The Institute of Risk Management South Africa (IRMSA) is concerned at South Africa’s lowest-ever rating in the new Corruption Perceptions Index (CPI) [...]
Banking deal paves way for insurance to back Ivory Coast ESG plans
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and the African Development Bank (AfDB) have signed a strategic risk [...]