Tag: risk management

The effects of the global pandemic have permeated every facet of our professional and personal lives. How we approach work and how organisations view business fundamentals have irrevocably changed. The pandemic has catalysed digital business initiatives with the focus shifting to adapting to the demands of employees, customers, and other stakeholders.

Parametric development insurance shows real impact on African continent amidst calls for increased climate finance in run up to COP27. Climate finance is a hot topic in the run up to COP27. While Africa waits for developed nations to fulfil their aid pledges, climate financing is making a difference on the continent, but more needs to be done.

The insurance landscape is one of ever-changing complexity. The regulatory environment is shifting, consumer expectations are changing, while fast-developing technologies require business models to become more refined to enable innovation, improve risk management and deliver greater value to clients.

We have launched the Africa Cyber Security Outlook 2022 survey which unpacks the state of cybersecurity across the continent - highlighting that the cyber landscape in Africa is highly dynamic and rapidly evolving - propelled by widespread digitisation and matched by adequate investments in protecting assets and data from cyber threats.

The insurance industry is still in its infancy when it comes to most environmental, social and governance (ESG) concerns. While there’s much work to be done, I believe the two are a marriage made to last for insurance to meet its mandate to make a meaningful contribution in people’s lives.

Mining companies are under increased pressure from regulators, investors, and communities to manage social and environmental risks arising from mine closure and rehabilitation. Abandoned mines and their dumps are common features of the South African mining landscape.

The Financial Intelligence Centre (FIC) is set to include more sectors under its purview as accountable institutions while addressing gaps that may exist in the country’s anti-money laundering and counter-terrorist financing framework.

The turbulent geopolitical climate is creating uncertain economic conditions across the globe. In South Africa, several unique challenges are worsening the effects of global risk factors, including load shedding, hefty fuel hikes and ongoing inflationary increases.

The COVID-19 pandemic has shaken our society to its core. Many family members, colleagues, friends or acquaintances have either lost their lives or been infected. As devastating as the virus has been to livelihoods and communities, there have also been several silver linings.

Sustainability is one of the biggest buzzwords in business; but how many organisations and decision makers really know what it means and are striving for a sea change, rather than just paying lip service to the growing call to prioritise environmental, social and governance (ESG) issues?