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)...
Climate Change Poses Significant Risk for South African Insurers: Old Mutual January 29, 2024 By Adelaide Changole Climate change poses the most significant threat for South African insurance companies and risks raising premiums and the cost of...
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...
COVID Infections Boost Heart-Related Deaths, Top Africa Health Insurer Says December 7, 2022 By Antony Sguazzin Africa’s biggest health insurer said the number of heart-related deaths rose more than sixfold during the COVID-19 pandemic among the...