
Under fire: the risks reshaping short-term insurance in SA
Interconnected hazards are altering claims patterns and capital pressures for insurers – shifting priorities for brokers and corporate risk teams, says PSG Insure.

Interconnected hazards are altering claims patterns and capital pressures for insurers – shifting priorities for brokers and corporate risk teams, says PSG Insure.

As rental demand surges, advisers can help clients navigate the insurance complexities of furnished, semi-furnished, and short-term lets.

PSG Financial Services posted a strong overall performance for the year, with a 24.7% increase in recurring headline earnings per share, driven by growth in PSG Insure, PSG Wealth, and PSG Asset Management.

The group reported a 15.9% increase in assets under management to R435bn.

The final dividend was 14% higher than last year, while headline earnings rose by 11% to R1.033bn.