Africa Specialty Risks increases energy capacity; targets just transition

Africa Specialty Risks (ASR), the pan-African focused reinsurance group, has increased its energy division’s capacity to $38mn, provided through its ongoing relationship with GIC Re and Peak Re.

ASR said the increase follows 12 months of profitable underwriting results for ASR’S energy portfolio which provides coverage for the entire African continent including renewables, upstream, downstream, power, and utilities.

So far, ASR has provided insurance cover in over 20 African countries, which it said is designed to help ensure a just energy transition in Africa with ASR noting the importance of considering each application for insurance against the backdrop of achieving a fair and just energy transition for all.

Suzan Pardesi, head of Energy underwriting at ASR, commented:  “We are delighted with the significant increase in our overall capacity and are committed to providing insurance cover to support our clients and partners across the continent in the wake of the current energy crisis.”

“Africa is endowed with abundant renewable energy sources, upon which it can sustainably base its ambitious socio-economic development and ASR will support energy offerings which will provide profound welfare and environmental benefits to people across the continent.”

“Energy price, demand, and security is at the top of the global agenda, and it is important that individual insurers map a course that will realistically meet energy demand in Africa.”

Follow us on twitter: @risksEmerging

'How many more lives?': Reactions to Texas school shooting http://reut.rs/3wJwMvP

Predicted Malicious Domain : photographxproductions[.]com
PreCrime Threat Intelligence by @BforeAi
Threat Agnostic
Near-Zero False Positives

#cyberthreat #networksecurity #itsec #netsec #itsecurity #siem #cybercrime #dns #Cybersecurity

Registration is OPEN! Join #OWASP as we host a variety of trainings, talks, exhibits and more on June 6-10!
LEARN MORE and REGISTER https://whova.com/web/GKSmlhCK%2FWzBY2c8qqJ%2Bp7kNcnjsUQAQJ%2ByBsjLrbOo%3D/

#globalappseceu #devsecops #appsec

Sharing a single version of #data reduces errors and the risk of a #DataBreach.

It improves #DataQuality and #decisions, allowing a known number of #collaborators to access #TrustedData

#DigitalTransformation #CTO #Tech #ICT #InfoSec #CISO #Business #CIO https://collaborationclouds.garnet8.co.uk/insight/secure-data-sharing-that-unlocks-value?d=t&i=de5e7e95-7286-43f8-b666-1962349ef2bc

Companies must adopt a responsible strategy for managing personal data, and this must never disregard the rights of individuals to safeguard their information.

#Infographic by @antgrasso #Privacy #DataProtection #GDPR

Ransomware's Alarming Growth Signals a New Era, Verizon DBIR Finds #Ransomware https://www.darkreading.com/attacks-breaches/ransomware-alarming-growth-verizon-dbir?utm_source=dlvr.it&utm_medium=twitter

ell phone hacking statistics show that more than 60% of fraud originates from mobile devices and Android is riskiest mobile platform.

#hacking #cybersecurity #technology #malware #cybercrime #cyberattack #hackerspace #informationsecurity

https://buff.ly/3MKlvkM

What are the roles and responsibilities in IT governance? https://buff.ly/3G74Tkw #itgovernance #itsecurity #informationtechnology

Load More...
SHARE: