Non-life

We’re in this together: Insurance advice for the at-home effects of stage 6 loadshedding

When the first bout of loadshedding began in 2007, no one could have imagined that the mounting pressure on the national grid would become a full-blown energy crisis. Today, loadshedding is a South African reality that experts predict will persist into the near future. For local homeowners, this presents several unique, power-related challenges which have implications for various types of insurance cover.

Insurance with an ART-SY flair

Cell captive insurance structures are emerging as a popular tool to help insurance brokers and underwriting managers (UMAs) to get access to reinsurance markets and put in place alternative risk transfer (ART) solutions for their commercial and personal clients. “The pressure on reinsurance rates, hardening of global insurance markets and the loss events referred to during the opening of today’s webinar illustrate the need for bespoke [risk transfer] solutions, and for industry stakeholders to think out of the box,” said Mr Farad Kajee, CEO of Yard Insurance, during the recent InsureTalk33 event.

Dodgy solar power system installers could cost you

Don’t let your road safety slip and slide when icy weather hits

Earlier this week, Johannesburg residents started their day with the surprising sight of snow falling from the skies.