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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.
While South Africans are very passionate about their country, one of the negative aspects which we cannot seem to overcome is that South Africa still has a significant reputation of being known as a crime hotspot. While this has decreased slightly over the past few years, rampant vehicle crime is becoming an economic disaster for the South African insurance industry.
The South African Insurance Association (SAIA) is aware and has taken note of the earthquake which struck just before 12:30 on 5 August and has had an impact on some parts of the country and in some neighbouring countries yesterday.
If you had to choose one approach to protect your hard-earned investment cash from today’s market madness, which would it be?