Tag: Feature
NZIA gets boost as new member joins
The United Nations’ Principles for Sustainable Insurance Initiative (PSI) welcomes Beneva as the first insurer domiciled and fully based in North Amer [...]
Financial inclusion ever more important for insurance supervisors in addressing natural catastrophe protection gaps
Insurance supervisors are likely to step up their work on financial inclusion, according to the International Association of Insurance Supervisors (IA [...]
Marine insurance market acts on Sudan fighting
The London insurance market’s Joint War Committee has met to consider the situation in Sudan and has added Sudan to the Listed Areas, meaning ship own [...]
Economic and cyber risks worrying directors and officers, says new report
Economic and cyber risks, particularly those associated with data loss and ransomware, are causing increasing concern for directors and officers, acco [...]
Hannover Re becomes third to quit Net Zero Insurance Alliance within a month
German reinsurer Hannover Re on Wednesday became the third major company to leave a global climate alliance focused on reducing emissions that has fac [...]
South Africa’s New National partners with JBA Risk Management for global flood data
Insurer New National Assurance has signed an annual deal with JBA Risk Management for the use of its flood data for South Africa.
The 50-year-old s [...]
Zimbabwe’s insurance industry – key trends and opportunities
The previously reliable and predictable global insurance industry is undergoing change. It is difficult to grow without losing profitability, climate [...]
Gambia receives US$187,641 insurance payment from ARC Ltd
The Gambian government has received an insurance pay out of US$187,641 following its participation in the African Risk Capacity (ARC) Group mechanism. [...]
Sanlam Life signs Kenya distribution deal
Sanlam Life Insurance has signed a distribution deal with KCB and National Bank of Kenya to deepen the uptake of life insurance products in Kenya.
[...]
Cyber premiums on risk despite more disciplined unwriting, reports IAIS
Global cyber insurance premiums have continued to grow despite tighter terms and conditions and stricter risk selection, according to a new report.
[...]