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Freak Joburg hailstorm to hit insurers hard

Recent events are likely to lead to higher premiums for policyholders.

South africaEastern capeTava madzingaFanus coetzeeNzinga quntaAfrican weather service onErnest northGoogle playCatastrophe claims managementClaims managementNaked insuranceSouth african weather serviceSouthern oscillation

KZN floods hit Santam hard

‘We had a very tough H1, 2022. I ll characterise it as a perfect storm of weather, investment volatility, economic pressure from inflation, and load shedding’: CEO Tava Madzinga.

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Santam pays out unprecedented R14 2 billion in claims in six months

The KwaZulu-Natal floods alone cost Santam R4.4 billion, with its reinsurers providing huge support.

South africaEastern capeSantaminsurance screengrabTava madzingaTavaziva tava madzingaBruce whitfieldSantam insurance

Santam pays out unprecedented R14 2 billion in claims in six months

The KwaZulu-Natal floods alone cost Santam R4.4 billion, with its reinsurers providing huge support.

South africaEastern capeSantaminsurance screengrabTava madzingaTavaziva tava madzingaBruce whitfieldSantam insurance

INTERVIEW | I hope I m leaving on a high note, says Santam CEO

Outgoing Santam CEO Lizé Lambrechts hopes the outstanding lockdown-related business interruption claims will be paid before she leaves.

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