Tag: Feature
P&C insurers who embrace net zero stand to capture the value at stake, argues McKinsey
The January publication of the Net-Zero Insurance Alliance (NZIA) “target setting protocol” marked a turning point and a step forward for the insuranc [...]
Climate justice one step nearer after UN resolution, improving chances of climate financing
Climate justice is thought to be one step closer after a recent United Nations General Assembly resolution, allowing the UN General Assembly to seek t [...]
Marsh publishes its 2022 ESG report
Broker Marsh McLennan has released its 2022 Environmental, Social and Governance (ESG) report: Succeeding Together, outlining its successes in the ESG [...]
Munich Re leaves Net Zero Insurance Alliance citing risk of anti-trust action
Munich Re has pulled out of the Net-Zero Insurance Alliance (NZIA), citing the risk of exposure to anti-trust risks.
“In our view, the opportunitie [...]
OLEA names new head for Kenya business
Paris-based firm OLEA Insurance Solutions has announced the appointment of a new CEO for Kenya.
Anthony Wachira is to replace the outgoing CEO, Her [...]
Companies – including insurers – should have grid collapse plans in place, says SA risk body
While reassurances have been given that the chances of a total electricity grid collapse are low, it has now become incumbent on the South African ris [...]
Santam South Africa to buy MTN South Africa’s insurance book
Santam, South Africa’s short-term insurer, is to buy MTN South Africa’s device insurance book.
The pair said the acquisition, and alliance, is to s [...]
Second year of nat cat losses exceeding $100bn globally
With floods in South Africa, Hurricane Ian in Florida, record-breaking losses from hailstorms in France, floods in Australia, winter storms in Europe [...]
Winners of the 8th Pan-African (Re)Insurance Journalism Awards named
Continental Reinsurance Plc has announced the winners of the 8th Pan-African (Re)Insurance Journalism Awards.
The awards recognise and celebrate th [...]
Mozambique purchases cyclone insurance through Pula and ASR
In a first for Africa’s second most disaster-prone country, the Mozambique government, through the National Institute of Disaster Management (INGD), h [...]