Explore the Category

Large non-life insurers offer interim relief payments to struggling SME policyholders

29 July 2020 | Commercial

South Africa’s largest non-life insurer, Santam, announced over the weekend that it would make COVID-19 relief payments to a subset of its policyholders. These payments will offer limited interim financial support to struggling small and medium enterprises (SMEs) that have specific commercial covers with the insured, until such time as the country’s courts rule on the performance of contingent business interruption (CBI) extensions and other policy wordings that might be triggered by pandemic or lockdown. Santam has indicated that these once-off payments will not constitute an indemnity under an insurance contract.

Could the ‘stripped-down’ policy become the new normal?

28 July 2020 | General

There’s a widely held understanding in the insurance industry that clients expect absolutely everything to be covered under their short-term insurance policies. And when a claim gets repudiated, the small print gets blamed. Or the insurer is seen as unwilling to pay out.

SA ruling on COVID-19 business interruption insurance influences UK regulator

28 July 2020 | Commercial

While South Africa’s courts and regulators often turn to foreign law for guidance, the roles have been reversed for once. In a test case for COVID-19-related business interruption insurance claims in the United Kingdom (UK), its Financial Conduct Authority (FCA) is being influenced by a recent court judgment in South Africa.

Value of Insurance in trying times

24 July 2020 | Motor

Given the uncertain and challenging times 2020 has brought with it, individuals, entrepreneurs, SMMES and corporates have all cut back on essentials and have tightened up their belts once more.

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

View the Results

Your chassis is the most powerful structure in your car

23 July 2020 | Motor

Travel insurers start to incorporate COVID-19 cover but there is still a way to go

21 July 2020 | General

Good news for the injured: Road Accident Fund pay-outs now possible within hours instead of months or years

20 July 2020 | Motor

Pandemic anxiety and impact on driver behaviour could result in devasting road accident numbers

20 July 2020 | Motor

Safety features not ‘the’ priority for SA car buyers says SAMBRA

20 July 2020 | Motor

MiWay launches specialised Motor Traders Insurance

17 July 2020 | General

South African consumers and businesses tap into the certainty of niche insurance solutions as the economy bites

16 July 2020 | General

Gulf of Guinea sees piracy activity soar, West African Coast is third hotspot for shipping losses

15 July 2020 | General

« ‹ 96 97 98

100 101 102 › »

Non-life

Large non-life insurers offer interim relief payments to struggling SME policyholders

Could the ‘stripped-down’ policy become the new normal?

SA ruling on COVID-19 business interruption insurance influences UK regulator

Value of Insurance in trying times

Your chassis is the most powerful structure in your car

Travel insurers start to incorporate COVID-19 cover but there is still a way to go

Good news for the injured: Road Accident Fund pay-outs now possible within hours instead of months or years

Pandemic anxiety and impact on driver behaviour could result in devasting road accident numbers

Safety features not ‘the’ priority for SA car buyers says SAMBRA

MiWay launches specialised Motor Traders Insurance

South African consumers and businesses tap into the certainty of niche insurance solutions as the economy bites

Gulf of Guinea sees piracy activity soar, West African Coast is third hotspot for shipping losses