Latest News & Developments
Recent crime statistics reveal a notable decline in home burglaries during the second quarter, highlighting improvements in crime prevention.
South Africans have had their say and named the best insurers in the country.
Airbnb hosts have a huge earning potential, however, there are risks associated in providing short term accommodation.
Five South African insurers have been named among the best in the world by Forbes.
Insurance expert offers top tips to help people protect their homes and cars when bad weather hits.
10 South African insurers have made it to Forbes World’s Best Auto Insurance Companies 2024 list, is your insurer one of them?
Sanlam said a notable trend in its 2023 risk and savings claim statistics was the prevalence of claims from younger clients, particularly in the areas of sickness and income protection.
The Insurance Crime Bureau (ICB) has warned about a concerning trend involving criminals directly targeting insurance companies.
They are expecting the number of claims to increase in the coming days as residents commence with mopping up operations.
There has been a rise in claims, following the inclement weather in parts of the Western Cape, according to Santam.
This past weekend high gale force winds resulted in the spread of fire in the areas of Stellenbosch and Fish Hoek area.
Before you install solar panels at your home, it is essential to understand how these items are covered under insurance policies.
Santam released the fourth edition of its Most Loved Local Report.
Many jet-setters have probably not heard of travel insurance, but nowadays it is an essential item on any traveller’s checklist.
The insurance industry was not a standalone sector but was rather a connector of various industries and an important component of economic development.
A fierce hail storm caused massive damage to cars and homes in parts of Johannesburg on Monday night, and no doubt, expensive rooftop solar panels may have been victims of the cricket ball-sized hailstones that were unleashed.
Heavy rains and adverse weather conditions that have impacted parts of Johannesburg over the last few days.
With South Africa’s recent surge in floods, the country is not excluded from this list of predicted high-risk areas.
Santam initially acquired 51% of the insurtech in 2020 and completed the acquisition by obtaining the remaining 49% equity last June.
Insurers are still counting the cost of the damage suffered during heavy rain in the last few days in areas such Paarl, Wellington, Stellenbosch, Somerset West, Franschhoek and Worcester.
Children across South Africa are invited to enter their art in the Santam Child Art project. Up for grabs are cash prizes for schools, the chance to feature in the 2024 calendar and ‒ for selected pieces ‒ an online exhibition.
The offices for the Ombudsman for Short-term Insurance (Osti) and the Ombudsman for Long-term Insurance (Olti), which operate under a single insurance ombudsman, jointly clawed back more than R330 million for consumers in 2022.
It said in an operational update that operating conditions were challenging, with insurance growth prospects dampened by the impact of electricity supply disruptions.
MTN South Africa’s device insurance book currently has just over 400 000 policies and an annual Gross Written Premium value of nearly R400 million.
Despite paying out just under R30 billion in insurance claims last year, South Africa’s largest short-term insurer was still able to pay out a competitive dividend.