Southern Africa
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South Africa tops global list for business process services
In a boost to business confidence, South Africa has won an award as the top global location for business process…
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Double triggers and risk pools central to innovative pandemic covers
South Africa’s experience with non-physical damage business interruption (BI) claims following the 2020/2021 Covid-19 pandemic illustrates the devastating economic impact…
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Shaping the future of risk management
Jonathan Crisp, director of BarnOwl and Institute of Risk Management South Africa risk intelligence committee member, explores how risk managers and…
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F&I Insurance names new MD
Donovan Harvey, a financial management specialist and WITS MBA graduate, has been named as managing director of South African firm…
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New hail risk model launched for South Africa
A new hail catastrophe risk model has been launched by Willis Re, to quantify the risk from damaging hail events…
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IRMSA CEO set to leave after a decade
Gillian Le Cordeur is to leave her job as chief executive officer of the Institute of Risk Management South Africa…
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Multibillion-rand PPE fraud highlights need for better risk management
Alarming disclosures by South Africa’s Special Investigating Unit (SIU) that more than ZAR13bn-worth of government-purchased personal protective equipment (PPE) is…
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Howden to rebrand Matrix in South Africa
Howden is to rebrand South African broker Matrix, following last year’s acquisition of the company. It will take the parent…
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Don’t just talk risk, talk opportunity
Ahead of the launch of the Institute of Risk Management South Africa’s annual risk report, its chief risk adviser and…
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Covid-19 taking heavy toll in South Africa
The Covid-19 pandemic is taking a heavy toll in South Africa as the country accounts for the majority of Covid-related…
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Santam to pay Covid-19 BI commercial claims in South Africa
Santam will pay out to commercial policyholders with a contingent business interruption (CBI) extension in South Africa hit by the…
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Geopolitical risk outlook deteriorates in 2021 with threat of conflict highest for decades
The world will be more unstable, less cooperative and more prone to crises this year, with the risk of interstate…
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Corporate risk now at critical level in South Africa
As South Africa enters a new adjusted level-three Covid-19 lockdown, its critical businesses have been re-evaluating their risk strategies with…
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Oil workers evacuating Mozambique project after nearby terror attacks
Total SE has asked some staff to vacate its $20bn Mozambique liquefied natural gas (LNG) project, as Islamist militants are staging…
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Are risk managers doing enough on business continuity?
Risk managers across South Africa have been urged to take another look at their business continuity plans as the country…
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Covid-19 second wave: cancel Christmas or save the economy?
With South Africa in the throes of Covid-19’s second wave and the potential of another lockdown, the Institute of Risk…
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Swiss Re Corporate Solutions granted direct insurance licence in South Africa
Swiss Re Corporate Solutions has been granted a direct insurance authorisation from South Africa’s insurance regulators. Both the Prudential Authority…
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Cyber risk associated with disruptive and transformative technologies
Covid-19 has shaken up the virtual world – and cybercriminals along with it, warned Jonathan Crisp, risk intelligence committee member…
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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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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…