Southern Africa
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Tokio Marine buys minority stake in South Africa’s Hollard Insurance
Japanese insurer Tokio Marine Holdings is to buy a minority stake in South Africa’s Hollard Insurance, in a bid to…
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Botswana must diversify economy, warns IMF
Botswana may have reasonably good prospects in the near and medium term but the development model needs to be revamped,…
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South Africa dips back into recession and risks another downgrade
Poor GDP figures have revealed that South Africa has entered a technical recession following two consecutive quarters of negative economic…
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Honeymoon period over for Angola under new President Lourenço
Investors are increasingly worried about the state of the Angolan economy, according to a new report. EXX Africa has published…
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Land expropriation plans fuelling political and banking risks in SA
Risk managers are watching carefully after the South African government said it would push ahead with plans to amend the…
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Changing times force changing behaviours
A new operating environment, both economically and demographically, is creating some real challenges for business from all sectors. The question…
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What can the risk manager do?
As demand for greater risk management increases from the insurance industry, Christopher Palm, of the Institute of Risk Management South…
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Be adaptive and learn new techniques, risk managers told
Risk managers attending the Cruywagen-Irmsa Risk Lab this year have been told to shake themselves up, along with their teams,…
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Adapt or die – the message on climate change
Risk managers will need to learn to be adaptive if their businesses are to thrive as the climate changes. That…
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Controlling the narrative
Risk managers not only need to consider the global threat of climate change but also the global threat that comes…
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Keeping one eye on the future
Business is operating in an unusual environment and is facing uncertainty, complexity and ambiguity. That was the stark message from…
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Political violence insurance slow to take off in Zimbabwe despite protests
Persuading firms to buy political risk insurance in Zimbabwe has proved challenging, according to one leading insurer. Alice Shumba, executive…
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Surviving a political crisis
Political risk is a major challenge for any business, as risk managers across the continent fully appreciate. However, the Zimbabwe…
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South Africa facing tough economic conditions
The International Monetary Fund’s (IMF) latest assessment of South Africa's economy projects real GDP growth will stay slightly below 2%…
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C-suite and insurers should work together to focus on strong risk management
Risk managers and the c-suite must strengthen their risk management focus if they are to ensure their property portfolios remain…
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South African risk managers must prepare for new normal of high insurance premiums
Risk managers have been warned property insurance prices will remain high for this year and most likely for the foreseeable…
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Zimbabwe holds its breath as elections take place without Mugabe
Zimbabwe businesses are collectively holding their breath as the first presidential elections without Robert Mugabe take place since independence. Businesses…
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Marine insurance market preparing for Cape Town event
Marine insurers, together with the South African insurance industry, are preparing for the first International Union of Marine Insurers event…
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Natasha Wally leads Lloyd’s South Africa office
Natasha Wally has been named as the new Lloyd’s South Africa country head and general representative. She moves from Swiss…
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Alton Byrd new Guy Carpenter South Africa CEO
Guy Carpenter & Company has promoted Alton Byrd to the position of CEO of the firm’s South Africa operations, with…