Insurance
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New climate-related risk disclosures tabled by FSB
The financial stability Board (FSB), the international body created to coordinate the work of national financial authorities and international standard…
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Risk managers urged to consider water-saving mechanisms despite heavy rain in some regions
Risk managers are being warned to take note of the way water risks have been rising up the agenda across…
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South Africa facing tough questions as minister goes
South african financial experts were warning of the increased risk to South Africa’s status in the wake of the removal…
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Political risk persists in Kenya
The reconstitution of the Kenya Cabinet in late November has helped ease the political tensions that had been building up…
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Mauritian government hears Captive Bill reading
The Captive Insurance Bill went through the Mauritius parliament on Friday.
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Insurance market opportunities abound, even as economic growth slows
Sub Saharan Africa (SSA) is still set to have the second fastest-growing economy globally, even though there are signs of…
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Business interruption—a growing and expensive risk
Collapsed buildings, damaged factories or destroyed shipping containers—whenever natural catastrophes or man-made disasters strike the physical damage is often devastating…
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News in brief
Bad news for mining sector across Africa, SSA targeted, Not-for-profit solution, Cyber warning and Warning on D&O cover.
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Facing up to the future
The past month has flown by, not least because Commercial Risk Africa has hosted two one-day events on the continent.…
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Terror attacks focus minds on non-damage BI solutions
A string of terror attacks, including those in Paris in November, are prompting companies to review their terrorism exposures and…
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Corruption costs
The cost of corruption is not just in terms of the physical cost of a bribe but of the lost…
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Changing winds for investment in Zimbabwe
Zimbabwe’s current debt and energy problems could be just the catalysts the country needs for radical reforms that could convince…
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Learning to read could mark first step in growing the Nigerian economy
The link between poor literacy levels and economic development may hold the key if Nigeria’s insurance industry and its risk…
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African insurers get boost from rating agencies
AM Best has boosted the ratings of two Nigerian insurers and a Kenyan-based reinsurer in a series of rating decisions.
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Talking shop—risk managers find plenty to voice their opinions on
Delegates at Commercial Risk Africa’s Risk Frontiers West Africa: Changing The Risk Landscape event in Lagos joined a series of…
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Tanzanian link to first UK deferred prosecution
The UK’s Serious Fraud Office (SFO) has agreed to defer the prosecution of ICBC Standard Bank for failing to prevent…
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Marine risks increase in complexity: soft market endures
The soft marine insurance market faces some big challenges as commercial and environmental pressures lead to larger and more automated…
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Working together creates new opportunities and competitive advantages
Risk managers attending a recent breakfast seminar, hosted by the Institute of Risk Management South Africa, heard the key to…
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Artificial intelligence could soon support risk managers and insurers
Machines armed with artificial intelligence [AI] could soon provide much needed support to risk managers and insurers, potentially boosting their…
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Opportunities to drive out inefficiency abound in African ports system
Earlier this year, Port Overview produced the first of what is to become a biennial look at ports across Africa.…