Africa
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New CEO joins ATI
Manuel Moses has formally assumed office as the fourth chief executive officer (CEO) of the African Trade Insurance Agency (ATI).…
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Covid-19 raises workforce risk to new high, says International SOS
Workforce risk is at its highest for five years as Covid-19 takes its toll, and could grow further in 2021,…
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African insurers expecting uncertainty for next year
The Covid-19 pandemic has posed “severe challenges” to Africa’s insurers in the face of lockdowns and social distancing measures decreed…
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New insurance solution for water risks launched
Global Parametrics (GP), a provider of parametric protection against climate risks in emerging markets, has structured two risk transfer solutions using a Water Balance Index (WBI), to enable partners…
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Covid-19 changes terrorism risk, says thinktank in latest index
Far-right terrorism has increased 250% in the past five years in Europe and North America, according to thinktank the Institute…
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IAIS calls for patience on global regs as risk associations urged to step in
Manuela Zweimueller, head of supervisory practices at the International Association of Insurance Supervisors (IAIS), has told multinational insurance buyers not…
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Santam to appeal after losing CBI court case in South Africa
Santam is to appeal against a court ruling that found South Africa’s largest non-life insurer liable to pay a client’s…
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Covid-19 accelerates need to focus on people risk and value
It has never been more important than in the post-Covid-19 world for organisations to recognise that people are their most…
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Supply chain and business interruption top risk list across Africa
Supply chain and business interruption have become the number one risk across Africa. According to the Risk Frontiers Africa 2020…
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Time for wholesale change to risk management approach, suggests South African Professor
Almost all risk managers believe the Covid-19 pandemic will increase the focus on operational resilience, but there is also a…
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President Ramaphosa receives South African Risk Influencer of the Year award
South African President Cyril Ramaphosa, as chair of the National Command Council established under the Disaster Management Act, has been…
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Verisk Maplecroft releases ‘unique’ subnational human rights index
Verisk Maplecroft has released the world’s first subnational human rights risk index, to help multinationals undertake risk assessments in more…
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AXA XL digitalises physical risk services for risk managers
AXA XL Risk Consulting has launched a new digital global risk assessment service called Risk Scanning to undertake multi-peril assessments…
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Risk managers urged to keep watch on climate change threats
Risk managers must maintain a careful watch as climate change evolves, using the latest tools and technology to help measure…
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Congolese risk managers warned not to buy cover abroad
Congolese risk and insurance managers have been warned not to buy their insurance cover overseas, after the Insurance Regulatory and…
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IRMSA Risk Report 2021 set to help prepare for the post-Covid world
Focusing on the lessons learned from Covid-19, the Institute of Risk Management South Africa (IRMSA) has claimed that its annual…
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Q3 insurance prices up 20% globally, 34% in UK and 15% in Europe: Marsh
Global insurance prices rose 20% in Q3, with increases of 34% in the UK and 15% in continental Europe, according…
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Q3 insurance prices up 20% globally, 34% in UK and 15% in Europe: Marsh
Global insurance prices rose 20% in Q3, with increases of 34% in the UK and 15% in continental Europe, according…
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State-backed global aviation pool for BI cat risks mooted by insurance association
The International Union of Aerospace Insurers (IUAI) is exploring the idea of a global government-backed insurance pool to cover future…
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North P&I Club adds route risk tool
Shipping insurer North P&I Club has launched a route risk management tool for members to help them identify hazards in…