South Africa Is Considering Flood Insurance for Large Cities August 4, 2025 By Antony Sguazzin South Africa is studying whether some of its largest cities should take out flood insurance after a series of disasters...
South African State Insurer Builds $1.1 Billion Riot Buffer July 30, 2025 South Africa’s state-owned risk insurer, which the government bailed out so it could meet claims stemming from riots four years...
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 Declares National Disaster After Floods, Storms November 13, 2024 By Rene Vollgraaff South Africa declared a national disaster after floods and storms caused widespread damage in the country, allowing the government to...
South Africa Mulls Rules for Catastrophe Bonds, Climate Cover October 21, 2024 By Antony Sguazzin South Africa’s National Treasury is exploring regulations to encourage the use of financial instruments to tackle climate change, including catastrophe...
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 Races to Contain Oil Spill From Wrecked Cargo Ship July 30, 2024 South Africa dispatched crews to contain an oil spill from a cargo vessel that ran aground earlier this month because...
South Africa Storms in Western Cape Cause Damage to 35,000 Homes July 12, 2024 By Ntando Thukwana Storms that pounded South Africa’s Western Cape province have led to flood damage affecting more than 35,000 households in the...
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 President Will Sign Health Insurance Bill Into Law February 16, 2024 By Wendell Roelf South Africa’s President Cyril Ramaphosa said on Thursday that he planned to sign into law a National Health Insurance (NHI)...