"Insurance capacity, deductibles, cover and pricing changes with time. If the owner cannot continue to convey the asset's operating risk position effectively, it's possible that exposure may increase impacting project company balance sheets,"…
“If a disclaimer is hidden, poorly worded, or overly broad, it may not stand up in the event of a claim. Businesses also cannot use disclaimers to avoid responsibility for gross negligence or unsafe conditions on their premises,” says Mashelane…
“As winter tourism gathers momentum, the reality is that some businesses will no longer experience a true off-season. It is critical, however, to still prioritise maintenance during relatively quieter months to address risks that could become…
“Most people don't purchase all their household items at once. They accumulate them over many years, which makes it easy to lose sight of what everything would cost today to replace if it were stolen, damaged or destroyed,” says Sherry Sibeko,…
“Instead, many scams exploit something far more accessible: human trust. Convincing phishing emails, fake banking messages, fraudulent WhatsApp conversations, AI-generated voice calls, bogus online stores and scam property rentals are designed…
“Inadequate safety measures and equipment in special schools can pose a physical threat to learners, teachers and the school infrastructure. As South Africa’s largest insurer, we consider it our responsibility to help society, particularly its…
“Every major commercial fire or catastrophic loss reminds us that the real question is not only how quickly a business can recover financially, but whether the risk could have been reduced or managed differently before the incident occurred,”…
“At a national level, we’ve seen improved operational performance of Eskom and Transnet. We would now like to take that to the city of Joburg, but we need a counterparty in the city of Joburg that is serious about turning the turning the city…
"Part of the challenge also lies with insurers. To prevent policy lapses, strict payment policies and compliance are enforced. Often, these regulatory steps have the opposite effect, increasing rather than of decreasing payment friction," says…
"KZN now experiences disruptive flooding as a seasonal reality, and this has driven meaningful shifts in engineering practices, municipal planning and emergency response coordination. Government's continued activation of disaster relief mechanisms…
"While hail has historically been one of the most visible threats, farmers are increasingly facing a combination of hazards, including strong winds, heavy rainfall, localised flooding, and unseasonal weather patterns, often within the same production…
"For employees, retirement or any other form of termination is not, on its own, a way around a restraint. Before joining or assisting a competing business, it is important to understand whether the restraint remains reasonable and enforceable,"…
"As Momentum celebrates the eighth season of She Owns Her Success this Women's Month, we speak warmly about strength, sacrifice and resilience. And women deserve every bit of that recognition," says Therèse Havenga, Momentum Savings' Head of…
"Our research suggests that poor sleep is up to five times more predictive of motor vehicle accident risk than traditional insurance risk factors considered in isolation. That points to a significant blind spot in how driving risk has traditionally…
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
