Fires or explosions generated the most expensive losses for South African businesses over the past five years, accounting for 65% of the value of all claims, according to a study by Allianz Global […]
The Russia-Ukraine conflict has set in motion a domino effect that continues to have widespread consequences for several sectors, including the local insurance industry. All insurers have war clause exclusions for acts of […]
A recent article on the distinction between private, business and commercial motor insurance raised a few questions from our readers: “According to this article we all have to insure our vehicles for business […]
A recent article on the distinction between private, business and commercial motor insurance raised a few questions from our readers: “According to this article we all have to insure our vehicles for business […]
A recent media release sets out the FSCA’s current position on certain aspects of Contingent Business Interruption Insurance (CBI) cover as well as its expectations of non-life insurers and policyholders in respect of CBI […]
“In light of the SCA (Supreme Court of Appeal) judgment, the FSCA now expects the non-life insurance industry to honour its CBI cover obligations and to make payment of valid CBI claims without […]
South African short-term insurers and their clients are awaiting two very important outcomes next week: the Supreme Court of Appeal judgment in the Café Chameleon case involving Guardrisk, and the Ma- Afrika case […]
