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China-Africa : Will the marriage of convenience last?

15 November 2017

Wolf Warrior 2, released in July 2017, became the first non-Hollywood movie to break into the top 100 highest-grossing film of all time at the global box office. The action movie portrays China as Africa’s protector.

Four reasons why every driver needs liability cover

15 November 2017

According to the Automobile Association of South Africa, between 65% - 70% of the 11.4 million registered vehicles driving on our roads are uninsured. This means that the majority of drivers on the country’s roads are placing themselves at financial risk if they are involved in an accident, says Johannes du Plessis, legal advisor at RBS (Risk Benefit Solutions Pty Ltd).

Natural catastrophes demand more sophisticated risk engineering programmes

15 November 2017

South Africa has experienced a spate of natural catastrophes (NatCats) in recent years. These have ranged from tornados, flash floods, freak hailstorms, deluge, drought and fires, with the last five years in particular racking up billions of Rands in damages and insurance claims. Linked to climate change, NatCats are becoming more prevalent in South Africa’s spring season from September to November. They are also intensifying, meaning property losses are climbing and the insurance gap between actual and insured losses is widening. As a result risk managers and insurers are under increasing pressure to scrutinise and revise risk management programmes in line with the new normal of South Africa’s unpredictable weather patterns.