There’s also concerns around the heightened risk for civil unrest and riots in the run-up, and even post elections, with the riots of July 2021 a stark reminder of how quickly a match can explode into a multi-billion Rand economic catastrophe and reputational disaster, and how truly unprepared we were for the fallout.

Cyber incidents have emerged as the top risk faced by the hospitality, leisure, and tourism sector in 2024, according to the Allianz Risk Barometer. The report, based on insights from over 3,000 risk management professionals and business leaders, emphasizes the critical need to address these risks to ensure business continuity and protect against potential disruptions.

With an unprecedented ‘super-cycle’ of elections in 2024, almost half the world’s populations will go to the polls before the year is out. According to a new report from Allianz Commercial, security is a concern in many territories

Most recently, newly appointed Electricity Minister, Kgosientsho Ramokgopa, made the bold assertion that the anticipated improvement in the electricity supply would make his role redundant by the end of the year. Data on Eskom’s medium-term outlook, however, suggests that it may not yet be time for South Africa’s commercial and industrial (C&I) companies to abandon their contingency plans to ensure security of supply.

For the fourth year in a row, specialist insurer African Risk Capacity (ARC) has secured the top ranking in the insurance industry for environmental, social and governance (ESG).

Allianz Trade has released its first Country Risk Atlas, a new flagship publication focused on country risk, an expertise the world leader in trade credit insurance has built up over decades.