Non-life

Driving consumer’s right to information

On the 19 May 2022 the South African Motor Body Repairers’ Association (SAMBRA), a proud association of the Retail Motor Industry Organisation (RMI), hosted a Vehicle Write-Off Conference in Johannesburg.

Insurance perils and more… financial obligations for insurers

Beware the long tail of casualty insurance

The growing interest in South Africa’s property and casualty insurance sector was confirmed when more than 1400 information-hungry insurance professionals flooded SHA’s virtual lobby for the release of the insurer’s much-anticipated 2022 Specialist Risk Review. According to Simon Colman, Business Head: Digital and Financial Lines at SHA, many attendees had joined proceedings to get the low-down on how much the specialist insurer had paid out or reserved to indemnify its policyholders in 2020 and 2021 years.

Shortage of Rental Vehicles Affecting the Insurance Industry

Like most businesses, car rental companies had to tighten the proverbial belt on all operational levels including fleet sizes as a result of the COVID-19 pandemic, causing severe shortages of rental vehicles.