Africa
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October 1, 2021
Political risks rise up the risk list after South African riots
Political risks and violence are now ranked as a number five business risk in South Africa, as a new entrant…
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October 1, 2021
Willis Re adds new flood model for MENA
Willis Re has launched a new flood model for the Middle East and north Africa (MENA), which it claims to…
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September 30, 2021
IRM launches climate change risk management guide
The Institute of Risk Management (IRM) has launched a timely practitioners’ guide that explains how to integrate climate change risk…
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September 29, 2021
Climate and cyber regain top spots in AXA’s risk list as pandemic concerns fall
Climate change, cybersecurity and pandemic risks are currently the biggest concern for global risk experts and the general public, finds…
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September 21, 2021
JBA and Reinsurance Solutions to support African insurers for flood risk management
JBA Flood Risk Management and Reinsurance Solutions Intermediary Services (RSIS) is set to use the JBA global flood modelling capability…
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September 13, 2021
Africa Re posts profit of $23.7m in first half of 2021, despite pandemic
The African Reinsurance Corporation (Africa Re) has posted a net profit of $23.7m for the first six months of 2021,…
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September 10, 2021
Sasria asks South African government for aid
Sasria, South Africa’s main insurer for strikes, riots, terrorism and civil commotion, has asked the government for a financial bailout…
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September 9, 2021
African agriculture insurance set for boom
Kenya has unveiled a policy paper to boost uptake of agricultural underwriting in a country where the cover accounts for…
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September 9, 2021
African insurance markets must be ready for a post-Covid world
It is time for leaders to reset for future growth as African countries emerge from the pandemic, according to Belhassen…
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September 8, 2021
Risk managers need to ‘seize baton of change’
Charting and managing risk through uncertain times has never been more crucial than right now, as South Africa and the…
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September 8, 2021
African insurers set to benefit from AfCFTA
The African insurance sector is optimistic about the new African Continental Free Trade Area (AfCFTA) but wants to see regulatory…
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September 8, 2021
Will insurers support free trade in Africa?
As the Africa Continental Free Trade Area (AfCFTA) develops, the insurance market will need to evolve alongside it to ensure…
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September 6, 2021
African free-trade agreement set to accelerate long-term growth and boost exports
The African Continental Free Trade Area (AfCFTA) agreement has created opportunities for businesses but short-term challenges must be overcome, according…
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September 3, 2021
Intelligent AI wins ACORD insurtech award for commercial property solution
Intelligent AI, which uses 300 datasets from AI and satellites to create a digital risk twin for global property portfolios…
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September 1, 2021
Lloyd’s report aims to help corporates tackle shifting geopolitical risks
A new report from Lloyd’s has laid out key steps companies can take to help manage emerging geopolitical risks and…
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September 1, 2021
Swiss Re Corporate Solutions appoints CEO for South Africa
Terashni Pillay has been appointed as chief executive officer South Africa, Swiss Re Corporate Solutions, effective 1 November. She will…
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August 25, 2021
Kenyan regulator calls on insurers to be sympathetic to policyholders post-pandemic
Insurers have been urged by the Kenyan regulator to treat their customers fairly and sympathetically in the wake of the…
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August 24, 2021
Sasria registers 95% of riot claims
Following the unrest across South Africa in July, Sasria said it is dealing with all the claims registered – some…
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August 23, 2021
Afghan crisis raises concerns in South Africa
The Taliban’s rapid takeover of Afghanistan has raised global risk antennae on several fronts and South Africa would do well…
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August 17, 2021
Gavi covers Covid-19 vaccine non-payment with innovative risk transfer product
Covid-19 vaccine alliance Gavi has taken out cover to mitigate the risk of non-payment of vaccines by 21 governments around…