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News | Archive: February 2025

Southern African reinsurance trend forecast for 2025

February 27 2025 By Reinsurance Solutions

The year has got off to a busy start for Southern African reinsurers. Cyclones in December and January caused fatalities, casualties and extensive damage in Mozambique and Madagascar; political violence in Mozambique left hundreds dead; and severe flooding affected South Africa and Botswana. While political violence and terrorism remain constant perils on the continent, climate-related risk is expected to increase in the year ahead. Increased dem...