
Emerging car brands gain ground – but risk still drives insurance costs
Interest in newer vehicle brands is rising among South African buyers, but theft trends and repair costs continue to shape premiums and the real cost of ownership.

Interest in newer vehicle brands is rising among South African buyers, but theft trends and repair costs continue to shape premiums and the real cost of ownership.

OUTsurance South Africa reported an 8.4% increase in gross written premiums for its personal insurance segment and a 71.2% improvement in operating profit for its business insurance.