Africa
-
April 26, 2024
UN launches new net-zero insurance forum to replace NZIA
The United Nations Environment Programme (UNEP) has disbanded the Net-Zero Insurance Alliance (NZIA) and replaced it with the Forum for…
-
April 25, 2024
Insurtech partners with USAID on climate adaptation programme
UK-based insurtech Blue Marble is to scale an innovative financial product in Kenya to strengthen the climate adaptation of coffee…
-
April 25, 2024
Climate change could spread malaria risk to new countries, warns International SOS
Climate change could see malaria cases in countries previously free of the disease, bringing new health risks for workers travelling…
-
April 18, 2024
Munich Re reorganises P&C underwriting in Asia Pacific, Middle East & Africa
Munich Re has reorganised its local P&C underwriting in Asia Pacific, Middle East and Africa (APAC MEA) with stronger local…
-
April 18, 2024
Climate change to cause ‘massive economic damage’
Climate change will cost the global economy $38trn every year by 2049 and cause “massive economic damage” some six times…
-
April 12, 2024
Somali piracy attacks resurge in 2024, warns IMB
Shipowners have been warned about a “worrying” resurgence in attacks from Somali pirates, with five incidents recorded in Q1 2024…
-
April 8, 2024
EU and US co-lead effort to tackle critical raw material supply chain risk
The EU has announced an agreement with the US, Kazakhstan, Namibia, Ukraine and Uzbekistan to create a new “club” designed…
-
April 4, 2024
South Africa to see continuing property and motor rate increases
Premium rate increases for property and motor insurance in South Africa are expected to continue in 2024 driven by reinsurance and…
-
April 3, 2024
New MGA Devonshire to focus on transactional risk
A new MGA has been launched specialising in underwriting transactional risk and backed by Lloyd’s and a panel of A-rated…
-
March 20, 2024
Health and safety ‘surprise’ top risk for global D&Os, finds WTW survey
Health and safety is the “surprising” top risk for 84% of global directors, officers and risk managers, according to a…
-
March 19, 2024
Europe and Central Asia hotspots as forced labour profits reach $236bn
Annual private sector profits from forced labour have reached $236bn, up 37%, or $64bn, since 2014 with Europe and the…
-
March 19, 2024
Chubb launches global transactional risk platform
Chubb has launched a global transactional risk platform that will offer its products across international markets while boosting its existing…
-
March 18, 2024
Ferma’s survey deadline approaches
The deadline to take part in this year’s Ferma survey, which is open to risk managers around the world for…
-
March 18, 2024
USAID and WTW working on parametric solution to boost climate change resilience
WTW is working with the US Agency for International Development (USAID) to deliver a parametric solution that will protect and…
-
March 11, 2024
EMEA pricing flat in Q4 and easier than other regions: Aon
The EMEA insurance market was flat overall from a pricing perspective in the last quarter of 2023 and slightly easier…
-
March 8, 2024
Reputation, supply chain and cyber pose biggest risks to global retailers, reveals WTW survey
Global retailers are finding it hard to get the right insurance at an acceptable price as the range of risks…
-
March 1, 2024
Coface pricing down 1.9% but claims costs now above pre-pandemic levels
Trade credit insurer Coface said rates were down 1.9% last year but has so far avoided a spike in claims…
-
February 29, 2024
Africa Specialty Risks in parametric reinsurance partnership
Africa Specialty Risks (ASR) has formed a landmark parametric reinsurance partnership with a leading European reinsurer. ASR said the partnership…
-
February 13, 2024
WTW launches cyber cover for international buyers
WTW has announced new primary cyber and tech E&O cover, underwritten by Lloyd’s syndicates, for businesses headquartered outside Great Britain…
-
February 8, 2024
AMRAE members warned of continued insurance challenges in Africa
Companies working in French-speaking countries in Africa must be prepared to deal with risks such as civil conflicts and natural…