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...
South African Economic Hub May Be Terror Target, U.S. Warns October 27, 2022 By Renee Bonorchis One of South Africa’s richest suburbs may be the target of a terrorist attack this weekend, according to an alert...
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...
People Moves: QBE Re Names Barber Head of U.S. Treaty, Succeeding Larson; MNK Re Hires Pillay to Lead S. Africa Branch; Francis Promoted to MD, CFC Response April 14, 2022 This edition of International People Moves details appointments at QBE Re in the U.S., specialist broker MNK Re Group and...
Update: South Africa’s Deadliest Floods in 6 Decades Claim More Than 300 Lives April 14, 2022 By Rene Vollgraaff and S'thembile Cele South Africa declared floods that killed more than 300 people in the eastern KwaZulu-Natal province a disaster, enabling the government...
Insurers Sanlam and Allianz Explore Options for Their African Businesses December 22, 2021 JOHANNESBURG – African insurer Sanlam Ltd. said on Wednesday it was exploring “strategic alternatives” with Germany’s Allianz SE for their...
Guy Carpenter and Marsh to Combine South Africa Facultative Reinsurance Businesses November 23, 2021 Reinsurance broker Guy Carpenter and insurance broker Marsh, both businesses of Marsh McLennan, said they are combining their South Africa...
South Africa Sued Over Plans to Construct New Coal-Fired Power Plants November 17, 2021 By Antony Sguazzin South Africa’s energy regulator and energy minister have been sued by environmental activists over national plans to allow the construction...