Tag: Feature
Africa sets stage for COP 28 by adopting Nairobi Declaration on climate change
Africa will push for a global carbon tax on fossil fuels, reforms on the world financial system and operationalisation of the loss and damage facility [...]
More weather-related losses likely for insurers, warns Moody’s
Growing insured exposures, high reconstruction costs and rising global temperatures are contributing to larger and more unpredictable weather-related [...]
Africa nets $23bn commitments in inaugural climate summit
Africa netted climate-related deals worth US$23bn in the inaugural climate summit held in Nairobi, Kenya, giving hope to the sustainability of the con [...]
Africa must be allowed to use all it has including fossil, AfDB head stresses, as insurers battle with the balance of sustainability
African Development Bank (AfDB) president Akinwumi Adesina says Africa must be allowed to optimise all the energy mix it has including exploiting its [...]
SanlamAllianz deal gets over the line to form SanlamAllianz in 27 markets, excluding South Africa
Sanlam, Africa’s largest non-banking financial services provider, and Allianz, one of the world’s leading insurers and financial services providers, h [...]
African youth seek inclusion in the continent climate finance agenda
Africa’s youth are demanding involvement in charting the path to climate change adaptation and mitigation, warning that the continent stands to lose a [...]
Africa Climate Finance Week launches in Kenya, with insurers hoping to make an impact
Financing environmental priorities and shifting the focus from Africa as victim of floods and famine will be central to the debate at the continent’s [...]
The growing risk of dilapidated buildings: a call for awareness and action
The devastating building fire in the Johannesburg central business district that has claimed the lives of at least 74 individuals, including 12 childr [...]
Tensions running high after another African coup, this time Gabon
Political risk insurers are watching carefully as yet another African country suffers a coup, as the military in Gabon take over in the wake of what t [...]
Kenyan insurance industry pays out more than KES150bn in customer claims
The Kenyan insurance industry has paid more than KES150bn in claims and seen premium income grow 13.5%, according to the Association of Kenya Insurers [...]