South African Insurers to Face Climate Stress Test, SARB Says June 9, 2025 By Adelaide Changole South Africa’s central bank plans to expand its examination of climate risk to the insurance industry, as it seeks to...
South Africa Insurer Santam Plans Asia Expansion, Following Success of Parent Sanlam August 30, 2024 By Adelaide Changole South Africa-based general insurer Santam Ltd. plans to expand in Asia to diversify its premiums and counter tepid growth at...
South Africa’s President Approves Major Health Reform Law; Legal Challenges Expected May 15, 2024 By Nqobile Dludla and Nellie Peyton South Africa’s President Cyril Ramaphosa signed into law on Wednesday a bill that aims to provide universal health coverage, hailing...
South Africa’s State-Owned Insurer Won’t Pay Claims for Grid Collapse May 8, 2023 By Colleen Goko South Africa Special Risk Insurance Association told clients it won’t pay claims for damage related to a collapse of the...
South African Premiums to Rise as Insurers Face Growing Flood, Fire Risks: Sanlam September 8, 2022 By Adelaide Changole South Africans could soon be paying as much as 5% more on their premiums as insurers face growing risks both...
S. Africa Insurer Santam Loses Appeal in COVID-19 Business Income Case With Hotelier October 7, 2021 JOHANNESBURG – South Africa’s Supreme Court of Appeal has ruled Santam is liable to cover the impact of COVID-19 restrictions...
South Africa’s State Insurer to Raise Premiums to Cover Riot-Related Reinsurance Costs August 25, 2021 JOHANNESBURG – South Africa’s only insurer covering political violence will increase its premiums to cover a rise in reinsurance costs...
Insurer Sanlam Braces for More Virus Waves in South Africa March 12, 2021 By Roxanne Henderson South Africa may still be short of the halfway mark of the pandemic even after two distinct waves of the...
S. Africa Insurer Santam Begins Processing 4,000 Business Interruption Claims January 25, 2021 By Promit Mukherjee JOHANNESBURG— South African insurer Santam Ltd. said on Monday it will start processing business interruption claims for all commercial policies...
S. Africa Medical Insurers, Business Groups, Government to Fund Vaccines for Uninsured January 5, 2021 By Antony Sguazzin South African medical-insurance companies, business organizations and the government are developing a program in which the private sector will help...