Santam Group, South Africa’s largest short-insurer, has appointed insurance industry veteran Nico Conradie, as the Chief Executive Officer (CEO) of Santam Re, the Group’s independent non-life treaty reinsurer, with effect from 1 March 2026.
"Insurance products are evolving beyond traditional property and liability cover to support environmental protection and community resilience. Environmental impairment liability, pollution cover, rehabilitation guarantees and parametric insurance…
"Parametric insurance responds to the reality that speed, certainty, and transparency are just as important as the size of a payout. When climate disasters strike, people cannot afford to wait months for assessments and claims processes to run…
“For organisers and stakeholders alike, the financial, logistical, and reputational consequences of a cancelled event can be severe. This is where event cancellation insurance, or specialised event liability cover, becomes an essential risk-management…
"I am extremely proud to see all our businesses contributing to these record results, which indicate that we are well on track to achieve or even exceed our 2027 targets, and position us well to capture future growth opportunities," says Mario…
"This step aligns with the Santam Group's strategic objective to drive international expansion and broaden its international treaty and facultative reinsurance footprint. The GIFT City is well connected to both local and international markets,…
“Having served on the board for the last two years, I have a deep appreciation for the values of PSG and will strive to ensure continuity as the business navigates its next phase,” says newly elected independent non-executive Chairperson of…
"While most farmers take precautions against fire, insurance to cover this peril is not a one-size-fits-all. Farmers need insurance against fire damage to crops, assets as well as natural rangeland and pastures," says Dr Musiwalo Moses Khangale,…
"This decision is significant for insurance and civil procedure because it draws a clear line between an insurer's substantive subrogation rights and the procedural status required to perform core acts such as discovery, reinforcing that discovery…
"These rankings reflect the strength and expertise of our teams and the trust our clients place in us, in line with our purpose of putting people in charge of their own future. We are encouraged by the progress in Insurance and the recognition…
"We are incredibly proud to once again be recognised as a Top Employer. This achievement reflects the commitment and passion of every employee who helps make Santam a place where people feel supported, valued and able to thrive. Being certified…
"When you submit a claim, the insurer will appoint an assessor to inspect the vehicle and calculate the cost of repair. If the repair costs are high compared to the car's value, the insurer may decide it is a total loss rather than something…
"Through the summit, we will engage on issues that go to the heart of the industry's future: climate risk, capital resilience, sustainable underwriting, the regulatory environment, inclusive insurance and the evolving role of insurance in Africa's…
"Instead of seeing climate change as an overwhelming, alarming external force, it can be reframed as a challenge to prepare for. By teaching children about climate risks from a young age, they can be empowered to become proactive participants…
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