Tag: Feature
Climate war looms unless change happens – and insurance can help
Climate diplomacy – the strategic cooperation or competition of states towards climate-related goals – is anticipated to drive global political develo [...]
Cyber threats top the risk list across Africa
Cyber perils are the biggest concern for companies in Africa and the Middle East, South Africa, Nigeria and around the world in 2022, according to the [...]
Kenya’s underwriters count on premium hike to halt losses in motor insurance
Kenya’s underwriters are counting on increased premiums to halt the streak of losses in motor insurance but will first have to surmount legal hurdles. [...]
NGOs use Africa Risk Capacity to protect Zimbabweans
A global network of humanitarian agencies has bought an innovative insurance policy in partnership with African Risk Capacity (ARC) and the government [...]
Resilience and ESG critical as companies emerge from pandemic
Climate risks dominate global concerns as the world enters the third year of the pandemic. However, according to the World Economic Forum’s (WEF) Glob [...]
Equity Group venturing into the insurance business
A licence has been issued to Equity Life Assurance (Kenya) (ELAK) to provide life insurance solutions to an underserved market and contribute towards [...]
Insurers faced second costliest year on record in 2020 from natural disasters
Global losses from natural disasters in 2020 came to $210bn, of which some $82bn was insured. Both overall losses and insured losses were significantl [...]
Reinsurers adjust risk appetite for 2022
The 1 January renewals reflected a healthy but evolving market as reinsurers adjusted risk appetite and pricing thresholds for certain sectors in resp [...]
Hollard Ghana partners for SME product
Hollard Ghana has partnered with Ghana Enterprises Agency (GEA) to launch Asomdwee, a tailored insurance product for micro, small and medium-sized ent [...]
Cornerstone and NEM to offer social welfare cover to Nigerians
Cornerstone Insurance and NEM Insurance have agreed to provide a group personal accident social welfare scheme known as ‘Eagle Social Welfare Scheme’ [...]