OUTsurance's Australian business streaks ahead, with international operations set to overtake SA | Business

📆 22-3-2023 21:30:00
📰 News24

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OUTsurance's Australian business now writes more premiums than its short-term insurance business in SA, despite being ten years younger. | News24_Business

The insurer's Australian business, Youi, has already overtaken SA's gross written premiums, contributing 53% of the group's total in its half year to end December.

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_Business SA economy is in the tanker. go elsewhere is the message.

_Business It’s easy to understand why. In Australia it is mandatory to have car insurance while in South Africa it’s not. That’s why only 30% of cars on the road are insured.

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