Tag: Feature
Munich Re to quit new oil and gas developments from next April
Munich Re is to pull out of all new oil and gas field developments from 1 April 2023.
The giant German reinsurer had been under pressure from activ [...]
African reinsurers facing significant challenges, warns AM Best
Volatile oil prices, double-digit inflation, as well as the impact of the Covid-19 pandemic on various local economies, have put pressure on the resul [...]
Parametric development insurance shows real impact on African continent amid calls for increased climate finance in run-up to COP27
Climate finance is a hot topic in the run-up to COP27. While Africa waits for developed nations to fulfil their aid pledges, climate financing is maki [...]
Insurance diversity festival opens today with events across Africa
Dive In – the insurance industry’s leading festival for diversity, equity and inclusion (DE&I) – is continuing its mission of enabling people to a [...]
Views on corruption drive attitude to tax systems across the globe, insurers warned
Taxpayers’ attitudes about paying taxes correlate closely with perceived levels of corruption, according to a major new study Public Trust in Tax, som [...]
Marsh provides businesses with tips to incorporate nature-related risks into their agendas
The consequences of environmental degradation on businesses are already apparent, warned broker Marsh.
It said extreme biodiversity loss, widesprea [...]
Growing call for funding to support Africa and agriculture
The clamour to support the poorest nations – and those suffering the greatest impact from climate change – is growing in the run-up to COP27 in Egypt [...]
Insurers must be prepared for huge hurdles ahead, warns Deloitte
Deloitte has questioned where insurers are ready for further sudden and emerging challenges in 2023.
In its latest outlook on the industry, Deloitt [...]
AM Best confirms global reinsurance market is stable
Despite lingering economic and operational challenges stemming from the Covid-19 pandemic, AM Best’s outlook for the global reinsurance industry remai [...]
Insurers among investors calling on governments to set ambitious climate change funding targets
Investor groups from around the world are publicly advocating for governments to enact ambitious policies that would leverage the private capital requ [...]