TARSIM, the Agricultural Insurance Pool, has paid out TRY39m ($1.2m) to greenhouse producers in the south...
South Africa: Insurance premiums expected to increase due to impact of climate change
Climate change poses the most significant threat for South African insurance companies and risks raising premiums and the cost of reinsurance, reported Bloomberg, quoting a top official at its biggest insurer by assets.
Climate change poses the most significant threat for South African insurance companies and risks raising premiums and the cost of reinsurance, reported Bloomberg, quoting a top official at its biggest insurer by assets.
Article / 2 months ago
Qatar: Insurance industry to launch climate insurance products
Qatar's insurance industry will launch climate insurance products, according to the Qatar Central Bank's (QCB) recently launched its third financial sector strategy...
Qatar's insurance industry will launch climate insurance products, according to the Qatar Central Bank's (QCB) recently launched its third financial sector strategy...
Article / 4 months ago
Middle East: Mindset shift needed to address climate-driven perils in construction and insurance sectors
The effects of climate change are becoming increasingly evident, and so too is the direct and indirect impact on construction and its re/insurance across the Middle East, according to the global law firm Clyde & Co.
The effects of climate change are becoming increasingly evident, and so too is the direct and indirect impact on construction and its re/insurance across the Middle East, according to the global law firm Clyde & Co.
Article / 5 months ago
African insurers cite drought as top risk in agriculture
The top three risks to agriculture in several African countries are drought, followed by floods and extreme weather due to global warming, according to the results of a survey commissioned by the African Insurance Organisation (AIO).
The top three risks to agriculture in several African countries are drought, followed by floods and extreme weather due to global warming, according to the results of a survey commissioned by the African Insurance Organisation (AIO).
Article / 11 months ago
UAE: Water risks could cause GDP loss of US$27bn
Changing drought, flood and storm conditions could result in losses of up to $27bn in GDP to the UAE over the period 2022 to 2050, an average annual GDP loss of 0.1%...
Changing drought, flood and storm conditions could result in losses of up to $27bn in GDP to the UAE over the period 2022 to 2050, an average annual GDP loss of 0.1%...
Article / 2 years ago
Africa: Insurers feel the heat from climate change
Most insurance executives responding to a survey on the impact of climate change on the insurance sector have noted rising prices for weather risks in African insurance markets over the past three years.
Most insurance executives responding to a survey on the impact of climate change on the insurance sector have noted rising prices for weather risks in African insurance markets over the past three years.
Article / 2 years ago
Africa: Alliance formed to counter nature-related risks
A group of leading financial institutions from across Africa has rallied together with Ghana's Ministry of Environment, Science, Technology & Innovation (MESTI)...
A group of leading financial institutions from across Africa has rallied together with Ghana's Ministry of Environment, Science, Technology & Innovation (MESTI)...
Article / 2 years ago
MENA: World Bank releases climate action plan for the region
The World Bank Group has released its "Roadmap for Climate Action in the Middle East and North Africa (MENA)", which runs from 2021-2025. The roadmap...
The World Bank Group has released its "Roadmap for Climate Action in the Middle East and North Africa (MENA)", which runs from 2021-2025. The roadmap...
Article / 2 years ago
