Non-life / General

Smart budget cuts that won’t cost you in the long run

Consumer inflation climbed to 3.2% year-on-year in January from 3% in December, marking the third consecutive monthly increase. This upward trend is largely driven by rising housing, utility, and food costs.

Brokers and insurers must rethink their approach to cyber risks

If you’ve had your mobile phone snatched or accidentally clicked on one of those malicious email or SMS links, then this newsletter is for you. In a surprising turn of events, a cyber expert at The ITOO Un-conference event, held at the Hollard Campus recently, conceded that deep fakes and ransomware were less of a worry to South African underwriters than human behaviour. Do not shoot the messenger just yet, dear reader, and allow a few paragraphs for the story to unfold.

The crisis of natural disasters in KwaZulu-Natal

Natural disasters are on the rise; insurance is not longer a ‘nice to have’

What appears to have been a tornado swept through Montana, in northern Pretoria, earlier this week causing widespread damage to cars, buildings, the contents of these buildings, external geysers, and more.