Non-life / General

Myth buster: Art as an asset class

There are many misconceptions about what it means to collect art: Art is collected for the sake of it rather than to make money, while those who do make money from art are just lucky; to be a bona fide collector you need over 200 artworks, and the most commonly held misbelief, collecting art is only for the super-rich.

Why Cyber Security Insurance is Crucial for Risk Mitigation

Like hand and glove: climate change and inflation

Insurers will have to adapt their risk identification and mitigation techniques to not only respond to climate change related extreme weather catastrophes, but also find ways to withstand the inflationary pressures that combating climate change is likely to introduce. These were among the key points made during the recent Insurance Institute Gauteng (IIG) Insights event on climate change and the consequences of global inflation. “The climate crisis has probably been solved in terms of our understanding, but more is required across the board in terms of how the insurance industry responds to the challenge,” said Sedick Isaacs, Head: Business Support Services at Bryte Insurance, setting the scene for the debate.

Claims, inflation and the replacement challenge