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Insurance companies count the cost

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There is an increase in power surge claims, with one insurance company recording a 65% increase in these cases.

Old Mutual Insure head of retail Soul Abraham said load-shedding is suspected to be the main contributor on the rising claims.If you have already registered or subscribed, please sign in to continue.

Old Mutual Insure head of retail Soul Abraham said load-shedding is suspected to be the main contributor on the rising claims...If you have already registered or subscribed, please sign in to continue.
 

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GROUNDUP: Fate of Numsa’s 3Sixty Life funeral insurance company hangs in balanceThe company, owned by Numsa’s investment trust, was placed under curatorship in December 2021, after two years of operating in a state of insolvency. KhandaniM Not surprising. I don’t expect that commercial business will be their forté. They even fail to be a well managed union, deducing from their inability to care for their members properly.
Source: dailymaverick - 🏆 3. / 84 Read more »