Tag: ClimateRisk
Weathering the risks – can farmers survive an unpredictable climate?
Recent severe weather events across South Africa have once again highlighted the agricultural sector's growing exposure to climate-related risks. While hail has historically been one of the most visible threats, farmers increasingly face a combination of hazards. These include strong winds, heavy rainfall, localised flooding and unseasonal weather patterns. Often, these hazards occur within the same production cycle.
What climate disclosure means for insurers
South African regulators introduced a more structured approach to climate-related disclosure for insurers. Since then, expectations have tightened to mirror approaches in other markets. Regulators now treat these risks as having direct financial consequences for the sector.
