As per NDMA, at least 23 states regularly see dangerously high temperatures. This underscores the emerging need for "heat ...

Considering its 200-year history, parametric insurance has been slow to adopt, with conventional insurers regarding it as a niche proposition, suited for the hardest-to-insure exposures. Inflation and ...

Parametric insurance products can help to address the increasing protection gap arising in respect of climate-related physical risk. As AI and data-collecting technology develops, more business areas ...

Despite growing innovation in insurance products across Africa, particularly in climate and agriculture, weak trust at community level and persistent data gaps continue to undermine uptake and ...

The National Disaster Management Authority's (NDMA) objective is to develop heat action plans at every level -- state, district, and city, with the ultimate goal of reducing heatwave exposure and ...

The African Reinsurance Corporation (Africa Re), alongside a consortium of insurers and development partners, officially partnered with the Lagos State Government to launch the Lagos Flood Risk ...