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Closing the climate insurance protection gap in Africa: A case for the insurance industry

Eric Nana Kyei, ACII, Chartered Insurer

Published 14 hours ago11 min read

Abstract Climate change is increasingly becoming one of the most significant systemic risks faced by the insurance industry of Africa. Across the continent, increased temperatures, unreliable rainfall, flooding, droughts, coastal erosion and extreme weather events have been causing massive economic losses and leading to a huge climate insurance protection gap.

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BHFN Editorial Team covers breaking news, culture, and global developments impacting Black America, Africa, Kenya, and the African diaspora. Focused on timely reporting and community-driven perspectives, the team delivers news, analysis, and stories that inform, connect, and amplify diverse voices.