In the news today: Hundreds of people are evacuated in the Port St Johns floods, Hannover Re cuts its exposure to coal-based risks, and Sanlam launches a digital intermediary platform

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Hundreds evacuated in Port St Johns floods

Port St Johns Municipality has asked for mattresses, blankets, food and heaters to assist those evacuated in the wake of flooding in Green Farm in Port St Johns.  READ MORE

Hannover Re cuts exposure to coal-based risks

Hannover Re said it will not invest in securities of issuers that generate 25 percent or more of their revenues from coal-based energy production.  READ MORE

Sanlam launches digital intermediary platform

The Now Cover digital platform will enable intermediaries to complete a client’s application for death and disability cover in 15 minutes, according to the life insurer.  READ MORE

Can cannabis users get life cover?

According to Jonathan Elcock, CEO of CompariSure, life insurers will need to adapt the way they underwrite marijuana use.  READ MORE

Pet insurance payouts at a record £785m

Payouts by pet insurers hit a record £785m in 2018, even though the number of claims submitted fell, according the Association of British Insurers (ABI).  READ MORE