Thursday, January 17, 2019

SAMBRA says over R2m in motor insurance claims outstanding

The South African Motor Body Association (SAMBRA) has sent out an urgent alert to its members regarding outstanding payment from Nzalo Insurance for repair...

Engineering insurance rates continue to fall

Engineering insurance rates continue a downward trend across all classes of business, largely due to the costliest hurricane season ever as well as some...

Hollard’s R5bn deal with Japan’s Tokio Marine Group

Hollard’s desire to partner with a major international insurance group has been realised – it announced yesterday that Tokio Marine Group (the largest insurer...

We need better planning to deal with extreme weather

A recent panel discussion on extreme weather, hosted by Norton Rose Fulbright, concluded that no one entity – least of all insurers – can...

Thirteen insurance companies qualify for Tier 1 in Nigeria

Nigeria’s National Insurance Commission (NAICOM) says that 13 insurance companies have qualified to operate in its Tier 1 category, in terms of its three-tier...