Tag: Feature
Africa’s reinsurers will be tested in the months ahead, warns AM Best, but it has hope for the long-term future of the sector
The declining creditworthiness of many African debt issuers has led to increased asset risk and will test the resilience of the continent’s reinsurers [...]
Spring tide devastation: the latest South African crisis
Following the spring tide damage this past weekend along the South African coast, the Institute of Risk Management South Africa (IRMSA) has emphasised [...]
Is it time for insurers to shout louder about the good work they are doing?
As the Climate Week rolls on in New York, it is interesting to see all the emerging good works.
From the UK Prince William is launching the next st [...]
Zimbabwe’s pensioners caught in the torn social safety nets: the call for better social protection regulation
In the heart of Harare’s Central Business District in Zimbabwe, a stark scene unfolds in the middle of the night. Elderly citizens, aged between 65 to [...]
Uganda’s insurance sector hits sh828.9bn premium mark in the second quarter of 2023
Uganda’s insurance sector continued to grow favourably, increasing from sh711.6bn in the second quarter of 2022 to sh828.9bn in the second quarter of [...]
North Africa rocked by series of catastrophic events, revealing the human cost of low insurance penetration rates
As an earthquake hit Morocco and a catastrophic flood devastated the Libyan city of Derna, the rest of the region is looking at its catastrophe planni [...]
Aon publishes work on severe convective storms and the implications for insurers
Aon has published research on the drivers of severe convective storm (SCS) insured losses, which it warned could influence the outcomes of the forthco [...]
AfDB launches climate change insurance programme
The African Development Bank (AfDB) has unveiled an Africa Climate Risk Insurance Facility for Adaptation (ACRIFA). The initiative is aimed at insulat [...]
Africa bets on larger share of carbon credit market to sustain green projects
Africa wants to boost its carbon credits production 19-fold by 2030 to get a much bigger share of a growing $2bn market as it seeks money to sustain i [...]
Reinsurance markets resilient as they approach renewals, says Guy Carpenter
The reinsurance market continues to demonstrate its resilience in response to ongoing and new global challenges, as reinsurers look to deploy more cap [...]