TARSIM, the Agricultural Insurance Pool, has paid out TRY39m ($1.2m) to greenhouse producers in the south...
Morocco: Parametric insurance pool pays out US$275m for Sep 2023 quake
A parametric insurance pool brokered by Gallagher Re has paid compensation of $275m to Morocco's Solidarity Fund against Catastrophic Events (FSEC), relating to the September 2023 M6.8 Al Haouz earthquake.
A parametric insurance pool brokered by Gallagher Re has paid compensation of $275m to Morocco's Solidarity Fund against Catastrophic Events (FSEC), relating to the September 2023 M6.8 Al Haouz earthquake.
Article / 2 months ago
Morocco: Govt plans to establish parametric insurance for farmers
Morocco is working on establishing an index-based insurance system, to better support farmers during periods of drought.
Morocco is working on establishing an index-based insurance system, to better support farmers during periods of drought.
Article / 6 months ago
Africa: ARC's earnings to remain volatile given underwritten risks
The earnings of African Risk Capacity (ARC) Group, a parametric insurance provider to African sovereigns, are expected to remain volatile given the nature of risks underwritten,
The earnings of African Risk Capacity (ARC) Group, a parametric insurance provider to African sovereigns, are expected to remain volatile given the nature of risks underwritten,
Article / 9 months ago
African Risk Capacity launches the first flood risk insurance product
The African Risk Capacity (ARC) Group, a specialised agency of the African Union, is launching a new insurance mechanism for African countries to cope...
The African Risk Capacity (ARC) Group, a specialised agency of the African Union, is launching a new insurance mechanism for African countries to cope...
Article / 10 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
Algeria: Govt working to develop parametric insurance
Algeria has begun work on launching parametric insurance to cover crops against certain natural disasters (drought, forest fires, etc), Mr Benseidi Abdallah, CEO of the reinsurer, Compagnie Centrale de Re´assurance (CCR), has said.
Algeria has begun work on launching parametric insurance to cover crops against certain natural disasters (drought, forest fires, etc), Mr Benseidi Abdallah, CEO of the reinsurer, Compagnie Centrale de Re´assurance (CCR), has said.
Article / 11 months 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
Pakistan: Salaam Takaful offers parametric-based crop takaful coverage
Salaam Takaful, the largest general takaful operator and the first Islamic InsurTech in Pakistan, has added parametric crop takaful to its portfolio.,,
Salaam Takaful, the largest general takaful operator and the first Islamic InsurTech in Pakistan, has added parametric crop takaful to its portfolio.,,
Article / 2 years ago
Turkey: Agricultural Insurance Pool pays out over US$25m in drought yield compensation
TARSIM, Turkey's Agricultural Insurance Pool Management Company, has paid out TRY214m ($25.4m) for losses...
TARSIM, Turkey's Agricultural Insurance Pool Management Company, has paid out TRY214m ($25.4m) for losses...
Article / 3 years ago
Egypt: Insurance federation looks at parametric solutions for farmers
The Insurance Federation of Egypt (IFE) says that it has taken steps to support the provision...
The Insurance Federation of Egypt (IFE) says that it has taken steps to support the provision...
Article / 3 years ago
