
Weather-related catastrophes ‘signal a looming crisis’ for insurance market
Price increases will be necessary to fund the level of coverage policyholders have previously enjoyed, says Old Mutual Insure.

Price increases will be necessary to fund the level of coverage policyholders have previously enjoyed, says Old Mutual Insure.

The collaboration enables the non-life insurer to use location-specific flood data, providing a more informed perspective on flood risk.

The collaboration aims to empower Old Mutual Insure to broaden its footprint and provide specialised liability coverage throughout the African continent.