Non-life

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.

Peril Paralysis – Building Industry under the magnifying glass

In George, thirty-four people died when a partially completed five storey residential building collapsed. This event is tragic, and albeit the worst building disaster in South Africa, is by no means an isolated incident of professional incompetence.

Protect yourself from balloon payment woes

Navigating the complexities of vehicle financing can be daunting, especially when it comes to understanding loan structures like balloon payments. For a first-time buyer this can be even more overwhelming.