Swiss Re Corporate Solutions announced it has received a direct insurance authorization from the South African joint regulators Prudential Authority...
South African market News
Santam said on Friday it would appeal against a court ruling that found South Africa’s largest non-life insurer liable to...
A Cape Town court ordered Santam Ltd. to pay out business-interruption claims to two South African hospitality companies, potentially opening...
South Africa’s financial watchdog is consulting with lawyers and the insurance industry on a potential test case to clarify whether...
South African small businesses fighting rejected coronavirus-related claims said insurers’ offers of relief are too little too late for many...
South African insurers are bowing to demands for the payment of losses that businesses suffered during the nation’s lockdown. Momentum...
South Africa’s Steinhoff has proposed to pay around $1 billion to settle outstanding legal claims following a massive accounting fraud,...
South Africa’s largest property and casualty insurer will pay as much as one billion rand ($60 million) in relief to...
South Africa’s Prudential Authority expects that business-interruption claims linked to the Covid-19 pandemic poses little systemic risk to the insurance...
A South African regulator warned insurers to stop broadly rejecting claims from businesses seeking to cover losses because of a...