In the news today: South Africa’s National Health Insurance at a glance, rising insurance costs may convince Americans that climate change is real and India has the world’s second-highest insurance gap

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South Africa’s National Health Insurance: who’s in, who’s out and how much will it cost?

The NHI was the centre of this recently held Presidential Health Summit. Now the pressure is mounting for Treasury to figure out how to fund it.  READ MORE

Rising insurance costs may convince Americans that climate change is real

Many American politicians believe climate change is a farce. This may change once they realise how much extreme weather events cost the economy, writes Andrew Hoffman, Professor at the University of Michigan.  READ MORE

TIA Technology acquires Appconsult

TIA Technology, a leader in standardized software solutions for the insurance industry, has announced the acquisition of Denmark-based TIA specialist consultancy firm, Appconsult.  READ MORE

Munich Re predicts exponential growth in global cyber reinsurance demand

Reinsurance firm Munich Re says it is preparing for solid growth in the global demand for cyber re/insurance coverage. It is doing so by developing updated flexible solutions and exploring new technology-based partnerships.  READ MORE

India has the world’s second-highest insurance gap

A new report shows India has the second largest insurance gap in the world ($27 billion) after China. Here, the underinsurance gap is worth over $76 billion.  READ MORE