"This judgment adds to the growing body of important directors and officers ("D&O") jurisprudence in South Africa and carries significant implications for D&O insurance providers, particularly in the context of claims arising from reckless trading,…
"I am honoured to take on this role at an exciting time for Coface South Africa. I look forward to working with our talented teams to enhance our operational performance, accelerate digital initiatives, and continue delivering outstanding experiences…
“I am honoured by the confidence the SAIA Board has placed in me. Insurance matters most when things go wrong, and our responsibility is to remain relevant, affordable and trusted. I look forward to working with Mohamed, the Board, Management…
“With climate-related disruption becoming an increasingly prominent feature of the global travel environment, travellers should place as much emphasis on understanding their cover as they do on choosing their destination, accommodation and itinerary,”…
"The case is a useful illustration that an administrative or documentation error- including one made by a third-party vendor during the renewal process - need not lock the insurer into unintended coverage, provided the true agreement can be…
"While it’s completely understandable that families are looking for breathing room in their budgets, viewing short-term insurance as a discretionary luxury rather than an essential financial safeguard introduces disproportionate risks," says…
"Leaders of tomorrow will require far more than technical expertise alone. While deep underwriting and risk management capabilities remain essential, they must also combine commercial judgement, strategic thinking, adaptability and the ability…
"A solar system isn't something that you install and forget about. Many of these were installed at the height of loadshedding, and as these systems age, components need to be maintained and replaced where necessary to reduce fire risk," says…
"Receiving approval in principle from Lloyd's is an important milestone for HDI Global UK & Ireland and reflects the strength of our strategy, underwriting expertise and long-term commitment to the market. Lloyd's is one of the world's most…
"Growth is a good problem to have, but it is also one of the times when businesses are most at risk of developing gaps in their insurance cover. As stock levels, contract values, vehicles, staff and equipment change, the cover that suited the…
"As more South Africans spend longer periods renting, it's important that insurance decisions evolve. Many renters assume they are adequately covered because the property itself is insured, but there is often a misunderstanding about what that…
“According to our own research, fires remain one of the key drivers of commercial claims. But strategic alignment on modern structural firefighting practices is now critical because of evolving fire behaviour, modern building materials, and…
“A drought can affect agricultural production, which affects supply chains, businesses and ultimately consumers. When households are already under financial pressure, even relatively small increases in everyday costs can have a significant impact,”…
"Many businesses rely on vehicles to generate income, serve customers and keep operations running. When a vehicle is stolen or hijacked, the impact can extend well beyond the vehicle itself. It can disrupt operations, place pressure on cash…
Insurance Biz is a New Africa Busines News Services (NABNS) publication launched in 2013 to focus on the insurance industry, investments, financial planning, employee benefits etc. It remains a great resource of news for industry professionals, and for those who seek to learn about the financial sector developments.
Subscribe to our weekly newsletter to get the latest insurance and economic news in SA.
Insurance Biz proudly displays the "FAIR" stamp of the Press Council of South Africa, indicating our commitment to adhere to the Code of Ethics for Print and online media which prescribes that our reportage is truthful, accurate and fair. Should you wish to lodge a complaint about our news coverage, please lodge a complaint on the Press Council's website, www.presscouncil.org.za or email the complaint to enquiries@ombudsman.org.za. Contact the Press Council on 011 4843612.
© Insurance Biz 2008-2026
