"The high frequency and shifting nature of hailstorms now poses a significant threat to farmers, with direct consequences for agri-businesses and the country’s wider food system. For commercial farmers, this disruption affects production cycles…
"Climate change is no longer a distant environmental concern sitting in the background of global commerce. It is now actively reshaping the sea lanes that carry the majority of the world’s goods, altering who trades with whom, how long journeys…
“Specialist Professional Indemnity (PI) insurance plays a crucial role giving engineers the confidence to take calculated risks, knowing they have protection against unforeseen failures or liabilities. In doing so, it fuels innovation while…
"Managing complex portfolios involves a detailed understanding of a client's operational and risk environment. It requires mapping exposures across sectors, anticipating how risks might interact, and structuring a programme that aligns with…
"Many in the South African insurance industry have invested significantly in climate risk modelling, driven by the increasing frequency and severity of weather-related events. As such, we have evolved our pricing models to incorporate climate…
“The jingle reminds us that ‘tis the season to be jolly as we approach our holiday gifting through shopping at stores or online, and many times, in search of the best deals. However, there are also some dangers that opportunists hope to capitalise…
“Concerns are evolving faster than we’d like and making proactive risk management and prevention a priority is now more important than ever. If the protection we rely on doesn’t reflect current risks or encourage risk prevention, it could be…
The role of technology – and particularly artificial intelligence (AI) – was another recurring theme. As digital tools reshape how risks are assessed, priced and monitored, AI is emerging as a powerful enabler across the engineering insurance…
"This year's report reaffirms the IAIS' commitment to identifying emerging risks and supporting supervisors globally in addressing these challenges. By enhancing our monitoring and supervisory frameworks, we aim to ensure the continued stability…
"You need to understand exactly what you're buying – what's included, what's excluded, and when the cover takes effect. Travel insurance isn't just paperwork for visa applications. It's a legal contract between you and your insurer, designed…
"The report, Breaking Silos: Agile Insurance in an Uncertain World (November 2025), describes an industry eager to overcome challenges but held back by outdated processes, scattered data, and limited cross-functional awareness," comments Kwanele…
"In traditionally drier regions, some farms have placed less importance on furrows and contours, and have instead prioritised maximum planting space. However, reintroducing smaller planting sections separated by furrows can help to control heavy…
“December crime doesn’t take breaks, and neither should your planning. With housebreaking incidents spiking 48% in December, the risk isn’t hypothetical. Skipping these steps could mean spending January dealing with broken locks, stolen items,…
"People tend to picture animal attacks as dramatic events unfolding with the Big 5 on safari, but we've found that most claims come from everyday travel moments. A stonefish sting while swimming in Mauritius, a monkey bite at a Cambodian temple,…
Insurance Biz is a New Africa Busines News Services (NABNS) publication launched in 2013 to focus on the insurance industry, investments, financial planning, employee benefits etc. It remains a great resource of news for industry professionals, and for those who seek to learn about the financial sector developments.
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