Non-life

Why kidnap and ransom insurance is essential

Kidnapping for ransom and extortion is a rising global threat that affects individuals, families and businesses. According to the South African Police Service (SAPS) annual crime statistics, kidnappings increased to 17 061 in 2023/24.

The risk of inaction: addressing SA’s short-term insurance crisis

South Africa faces a rising shortfall in short-term risk protection, particularly for natural disasters. The 2022 KwaZulu-Natal floods exposed the extent of this gap, with the Santam Insurance Barometer Report 2022/23 estimating total economic damage at R54 billion - yet only half of this amount was covered by insurance.

Financial Institutions and Advisors

Why short-term insurance should be part of your budget

The delay in South Africa’s 2025 National Budget Speech served as a reminder of the complexities of financial planning, where balancing priorities and preparing for uncertainties are key.