African initiatives in parametric insurance for agriculture

African initiatives in parametric insurance for agriculture

African initiatives in parametric insurance for agriculture

Parametric or index-based insurance can play a significant role in closing the insurance protection gap – the gap between insured and uninsured losses – and fostering global resilience to the impacts of climate change. Parametric insurance Conventional insurance indemnifies the policyholder for the loss it incurs from an insured event. Parametric insurance pays a fixed amount upon the occurrence of…

Analysis of Zimbabwean investment opportunities

Analysis of Zimbabwean investment opportunities

Analysis of Zimbabwean investment opportunities

  In the 1980s, Zimbabwe could only be described as having a pandemic feeling of economic and political opportunity. The country, already known as the ‘breadbasket of Africa’, had just gained its independence and anticipated a future of political stability with ANC veteran and war hero, Robert Mugabe, at its helm. To an opportunist investor, Zimbabwe demonstrated huge potential. To…

Iran sanctions: it’s still uncertain what will happen, but here’s what could happen

Iran sanctions: it’s still uncertain what will happen, but here’s what could happen

Iran sanctions: it’s still uncertain what will happen, but here’s what could happen

On 12 January this year, US President Trump announced his intention to not renew US sanctions waivers that underpin US participation in the Joint Comprehensive Plan of Action (JCPOA) for Iran if that agreement’s “terrible flaws” are not fixed. President Trump has also said that if he believes fixing the JCPOA is not within reach, he would withdraw from it.…

Congo aims for membership of OPEC to control its oil price risk

Congo aims for membership of OPEC to control its oil price risk

Congo aims for membership of OPEC to control its oil price risk

Republic of the Congo President Denis Nguesso has pledged that the country – which has suffered badly during the oil price collapse – will no longer sit on the sidelines and has applied for membership of the Organization of Petroleum Exporting Countries (OPEC). NJ Ayuk, CEO of Centurion Law Firm, said that in January, officials from Congo announced the country’s…

Managing the risks associated with workplace sexual harassment and misconduct around the world

Managing the risks associated with workplace sexual harassment and misconduct around the world

Managing the risks associated with workplace sexual harassment and misconduct around the world

Sexual abuse, harassment and misconduct continue to place higher up the political and social agenda globally, following a raft of allegations in ever-widening high-profile sectors. Increasing public awareness has burst the dam of secrecy, resulting in a tsunami of calls for greater transparency across many organisations and industries. As a consequence, corporate cultures must change to ensure appropriate safeguards are…

South Africa: a new international arbitration hub

South Africa: a new international arbitration hub

South Africa: a new international arbitration hub

Rob Scott and Alon Meyerov, of Clyde & Co in South Africa, examine the likely emergence of South Africa as an arbitration hub, following its adoption of The International Arbitration Act For risk managers, or indeed anyone who may have cause to be involved in dispute resolution, the development of South Africa as a centre for international arbitration will be…

Emerging risk landscape hots up as law firms seek opportunities

Emerging risk landscape hots up as law firms seek opportunities

Emerging risk landscape hots up as law firms seek opportunities

Litigation funders are travelling the world looking for fertile ground to bring claims and finding success in an increasing number of places, warns Tricia Hobson, Norton Rose Fulbright global chair and head of its Australia and Asia-Pacific insurance practice. Speaking in London recently, she said much of the pattern of behaviour follows the US, but claimant lawyers and litigation funders…

The right to be forgotten

The right to be forgotten

The right to be forgotten

The recent global focus on Facebook and Cambridge Analytica’s use of data and the forthcoming General Data Protection Regulation (GDPR) have thrown the spotlight on data and privacy issues. An important issue in this context is whether an individual has the right for that data to be removed or forgotten. A recent UK High Court ruling has found that individuals…

The risks of court choices highlighted in new case

The risks of court choices highlighted in new case

The risks of court choices highlighted in new case

When assessing the potential risks to, and exposures from, potential litigation, it can be important to consider the corporate structure of your organisation. As the recent jurisdiction cases where we have seen attempts to bring African liabilities before the UK courts illustrate, the position is not clearcut. In a recent article (Trend of environmental litigation against holding corporations on the…

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