Insurance Journal » South African Market
1 FOLLOWERS
Insurance Journal is the world's most trusted & trafficked P/C news website that delivers the latest business news for the Property/Casualty insurance industry and more. Keep up-to-date with the latest property/casualty insurance news, info, people, and events. Network and connect with other self-minded insurance industry people. Read articles on the insurance market of South Africa too in..
Insurance Journal » South African Market
2M ago
South Africa’s President Cyril Ramaphosa said on Thursday that he planned to sign into law a National Health Insurance (NHI) bill that aims to provide universal health coverage to South Africans, although he did not give a time frame. The ..read more
Insurance Journal » South African Market
3M ago
Climate change poses the most significant threat for South African insurance companies and risks raising premiums and the cost of reinsurance, a top official at its biggest insurer by assets said. After staying almost flat in the decade to 2020 ..read more
Insurance Journal » South African Market
1y ago
South Africa Special Risk Insurance Association told clients it won’t pay claims for damage related to a collapse of the national electricity grid, Business Day reported, citing a circular from the company. The announcement by the state-owned insurer comes less ..read more
Insurance Journal » South African Market
1y ago
Africa’s biggest health insurer said the number of heart-related deaths rose more than sixfold during the COVID-19 pandemic among the clients of one of its units. Discovery Employee Benefits, a unit of Johannesburg-based Discovery Ltd. that has more than half ..read more
Insurance Journal » South African Market
1y ago
One of South Africa’s richest suburbs may be the target of a terrorist attack this weekend, according to an alert posted on the website of the US Embassy. “The US government has received information that terrorists may be planning to ..read more
Insurance Journal » South African Market
1y ago
South Africans could soon be paying as much as 5% more on their premiums as insurers face growing risks both globally and locally. The country is now considered “very risky” due to mounting flood and fire dangers, as well as ..read more
Insurance Journal » South African Market
1y ago
This edition of International People Moves details appointments at QBE Re in the U.S., specialist broker MNK Re Group and MGA CFC Underwriting. A summary of these new hires follows here. QBE Re Names Barber Head of U.S. Treaty, Succeeding ..read more
Insurance Journal » South African Market
1y ago
JOHANNESBURG – African insurer Sanlam Ltd. said on Wednesday it was exploring “strategic alternatives” with Germany’s Allianz SE for their respective African businesses, excluding Sanlam’s home market of South Africa. Sanlam, South Africa’s No. 1 insurer, did not elaborate on ..read more
Insurance Journal » South African Market
1y ago
Reinsurance broker Guy Carpenter and insurance broker Marsh, both businesses of Marsh McLennan, said they are combining their South Africa facultative reinsurance operations into a single business, effective Jan. 1, 2022. The new unit will operate under the Guy Carpenter ..read more
Insurance Journal » South African Market
1y ago
South Africa’s energy regulator and energy minister have been sued by environmental activists over national plans to allow the construction of new coal-fired power plants. Plans for the construction of 1,500 megawatts of coal-fired generation capacity are included in the ..read more