Insurance industry in volatile and unpredictable world | The Citizen

Sasria reviewed all its rates in October 2021, following the losses from the political unrest which resulted in structural rating changes and rate increases to certain classes of business from 1 January 2022, for new business and will be applicable for existing policies on renewal or anniversary of the policy.

A knock-on effect on the property terrorism and sabotage market locally and in the UK. Violent events in South Africa resulted in a significant number of claims in the political violence space, with reports estimating a figure around US$1 billion.

Due to weather related losses locally and internationally, insurers are starting to pay careful attention to weather-related risks, particularly flood risks, on property portfolios. This is driving premium rating and affecting deductible levels in relation to these risks. In some instances, cover is being sub-limited for weather-related claims.

“Insurers are changing terms and conditions”. 🤔

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Raids took 'competitive, highly contested' insurance industry by surpriseSearch and seizure operations at eight major life insurance groups this week by SA’s top anti-trust watch dog surprised the market with doubts raised by analysts about it being able to uncover any collusive behaviour in what is considered a highly competitive industry.
출처: SundayTimesZA - 🏆 47. / 51 더 많은 것을 읽으십시오 »

Women in mining are breaking new ground in a male-dominated industry - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Women no longer play the minor roles they once did in the mining industry, instead, they now hold positions of authority and knowledge in this traditionally male-dominated industry. Oh wow! How much do they get paid as opposed to amadoda? 🤔 I was able to get my withdrawals successfully direct inside my Luno wallet while investing with Dannyramirezk considered the incredibility of the platform to pay you login to this wonderful platform register and start your life changing investments R10 000. Earn Me R210 000.
출처: SABCNews - 🏆 37. / 51 더 많은 것을 읽으십시오 »