Loadshedding takes centre stage in SA’s risk landscape
Loadshedding has surged to the forefront of insurance concerns, eclipsing traditional threats such as fire and theft, according to Santam’s 2023 Insurance Barometer.
Loadshedding has surged to the forefront of insurance concerns, eclipsing traditional threats such as fire and theft, according to Santam’s 2023 Insurance Barometer.
Thabile Nyaba, chief risk and sustainability officer at Old Mutual Insure, shares how the insurance industry can help South Africa to weather the economic and geopolitical storm.
‘An orderly’ closing and reopening of markets may be required.
The intention of the grid failure exclusion is not to cancel power surge cover, the insurer says.
The South African insurance industry is a vital socio-economic sector that provides a critical safety net to society. This was crystalised in 2021 as we continued to grapple with the fallout from the […]