Non-life

Compulsory third party cover ‘would be welcomed’ – but challenges await

Third party motor vehicle insurance in South Africa could soon be compulsory, if Finance Minister Tito Mboweni’s 2020 Budget Speech is anything to go by – but it would face major challenges to its implementation, including affordability and the ability to enforce any new legislation, says insurer King Price.

Business Interruption Insurance

Protect the planet or save yourself?

Coronavirus: business interruption and supply chain impact