Loadshedding takes centre stage in SA’s risk landscape
Loadshedding has surged to the forefront of insurance concerns, eclipsing traditional threats such as fire and theft, according to Santam’s 2023 Insurance Barometer.
grid failure
Navigating a polycrisis landscape in South Africa
Thabile Nyaba, chief risk and sustainability officer at Old Mutual Insure, shares how the insurance industry can help South Africa to weather the economic and geopolitical storm.
Sarb has been planning for a possible total grid failure since 2015
‘An orderly’ closing and reopening of markets may be required.
Santam clarifies the impact of grid failure exclusion on power surge cover
The intention of the grid failure exclusion is not to cancel power surge cover, the insurer says.
Key trends in the short-term insurance industry
The South African insurance industry is a vital socio-economic sector that provides a critical safety net to society. This was crystalised in 2021 as we continued to grapple with the fallout from the […]
