Swiss Re Acquires Flood Risk Modeller Fathom
Global reinsurance firm, Swiss Re, on Wednesday announced its acquisition of Fathom,…
UNIDO To Partner NASENI On Renewable Energy Solutions For Nigeria
The United Nations Industrial Development Organization (UNIDO) has expressed its interest to…
New COP28 Draft Deal Fails To Prioritize Fossil Fuel ‘Phase Out’
A draft of a potential climate deal at the COP28 Summit on Monday…
Africa Accounts For Only 3% Of $25.3Trn Global Trade – AfDB
President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has disclosed…
Swiss Re Forecasts Insured Losses To Exceed $100Bn In 2023
Swiss Re, one of the world’s largest reinsurers, in its latest research…
Italy Announces €5Mn Donation To Sustainable Energy Fund For Africa
Italy has made a new commitment of €5 million to Africa's sustainable energy…
Germany Pledges $4.4Bn For Africa-EU Green Energy Initiative
German Chancellor, Olaf Scholz, has pledged his country’s $4.4 billion support for…
European Insurers’ Weather-Related Losses Surge Amid Reinsurance Cutbacks: Fitch
A new research report from Fitch Ratings has reflected the growing vulnerability…
NSIA Unveils $500Mn Investment Platform For Renewable Energy
The Nigeria Sovereign Investment Authority (NSIA) has launched a $500m Renewables Investment…
Morgan Stanley Rules Out Major Headwinds To Reinsurance Pricing In 2024
As 2024 fast approaches, analysts at investment bank, Morgan Stanley, currently don’t…