Earlier this month we reported on the impact of financial remedies as a result of the new Corona virus on various insurers. As a result of more insurers giving trading updates recently, FIN24 posed the question: “Who seems to be on the right path to maintain value for shareholders and whose vulnerabilities have been most […]
The state-owned special risks insurer Sasria recently announced that there was an increase in insurance claims due to violent service delivery protests. These claims have contributed to an estimated R1 billion in losses over the past nine months. Between 2012 and 2019, Sasria received more than 20 000 claims with a notable increase in the recent past, […]
