Non-life

Sinayo becomes largest shareholder in bus and taxi underwriter, CTU

Black women-owned investment company, Sinayo Global, confirmed today that it had successfully acquired a further 20% stake in bus and taxi underwriting manager, CTU, boosting its shareholding to 30%.

Time to review your property insurance as rainy season approaches

With climate-related disasters becoming common every year, homeowners must understand the threats their properties face and how to mitigate them. The City of Cape Town recently reported that 15,000 people have been affected by flooding in Cape Town.

Commercial fires the single biggest risk to SA businesses, according to insurer claims

Dynamic duo serenades customers and insurers

Insurance brokers and underwriting managers are the dynamic duo driving innovation in specialised risk management solutions in South Africa, unlocking growth in niche markets that traditional insurers often struggle to service. Intermediaries and UMAs were under the spotlight during the opening presentation to the South African Underwriting Management Association (SAUMA) 2024 Conference, given by Sory Diomande, CEO of Santam Re & International. The CEO offered a reinsurance perspective on both UMAs and cell captives.