Santam’s bold strategy curbs underwriting challenges, drives growth
Santam will ramp up efforts to tackle increased weather- and fire-related risks by implementing measures such as adjusting premiums and setting stricter risk limits.
The decision addresses the recovery of VAT on payments made under loan cover provided free of charge.
Read moreSantam will ramp up efforts to tackle increased weather- and fire-related risks by implementing measures such as adjusting premiums and setting stricter risk limits.
MMM Krypto, marketed as a ‘mutual aid fund’, promises participants returns of between 24% and 36% per month.
The International Driver’s Association recently conducted a study comparing local insurers to identify the top 5 performers in car insurance, considering factors like comprehensive coverage and efficient claims processing.
One short-term insurer bucks the overall negative trend when it comes to the claims-handling process.
The events that led up to an insurance claim for a stolen car are reminiscent of the hit comedy ‘The Hangover’.
Santam’s current “best estimate” of its gross exposure to the KwaZulu-Natal floods in April is R3.2 billion. However, reinsurance cover will limit the net impact to about R500 million, it said in a […]