by AIP Online Bureau | Jun 11, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Responsible management of Africa’s natural capital, including its water, soil and forests, “creates fantastic opportunities and contributes to the growth and development of the continent,” Rachael Antwi, group head of ESG at Ecobank said Financial institutions that...
by AIP Online Bureau | Jun 10, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Temperatures in southern Africa rose at twice the global rate on average in the five years leading up to 2019, according to a report by the Intergovernmental Panel on Climate Change Yet insurers are undeterred, with some looking to expand even in vulnerable...
by AIP Online Bureau | May 28, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“We believe gross losses from the riots are likely to exceed LKR1 billion. However, NITF’s net loss will be limited to this amount due to the protection provided by its excess of loss reinsurance cover. We expect NITF to have sufficient liquid assets to meet its...
by AIP Online Bureau | May 23, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Life, Non-Life
Non-life insurers and reinsurers are exposed to physical risk through property and catastrophe losses, which are becoming more frequent and severe due to climate change Life insurers are more exposed to the transition risk that affects the assets in their investment...
by AIP Online Bureau | May 17, 2022 | Articles, Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management
World Property and Casualty Insurance Report 2022: research suggests that only 8% of insurers are resilience champions; 73% of policyholders rank climate change among their top concerns “The impact of climate change is forcing insurers to step up and play a greater...
