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A study by payments company Visa revealed that a shocking 70% of South African (SA) women do not have any short-term insurance cover in place putting them at serious financial risk in the event of a replacement of expensive items due to damage, theft or loss.
Over 190 maritime incidents in 6 months, with many declaring general average.
Driver fatigue is ranked as one of the major causes of road accidents. However, unlike driving under the influence of drugs or alcohol, it is difficult to prosecute a driver who causes an accident as a result of being fatigued. Unless more is done to promote safer driver behaviour, not only will more lives be lost, but many innocent people will suffer huge financial losses too.
A South African Catastrophe Reinsurance Health Check.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?