Unveiling a New Market Dynamic in Climate Accountability Imagine a world where the financial burden of climate disasters shifts dramatically, placing governments under unprecedented scrutiny for infrastructure failures. This scenario is unfolding in South Africa, where Tokio Marine and Nichido Fire
Imagine receiving a call from someone claiming to be a representative of a trusted financial regulator, urgently requesting a money transfer to resolve a fabricated legal issue, a scenario that is becoming disturbingly common as impersonation scams surge across the financial sector, posing a severe
Nigeria's maritime industry stands at a critical juncture, grappling with an outdated financial burden that threatens its global competitiveness, as the federal government intensifies its plea for the removal of war risk insurance premiums on ships entering its waters. These premiums, initially
In a landmark move for Nigeria's financial landscape, a transformative piece of legislation has recently been signed into law by President Bola Tinubu, promising to reshape the insurance sector in profound ways. Enacted on August 5, this new legal framework introduces sweeping reforms aimed at
Imagine a scenario where over a million people suddenly find themselves at risk of identity theft and financial fraud due to a single cybersecurity failure at a trusted insurance provider. This alarming reality unfolded at Farmers Insurance Exchange, where a massive data breach compromised the
In the heart of Southeast Asia, Singapore stands as a beacon of technological advancement, yet this digital prowess comes with a darker side—an unprecedented wave of cybercrime that has left individuals reeling from financial losses exceeding $1.1 billion in 2024. As online scams, identity theft,
