Santam, Africa's largest general insurer, and the South African Weather Service (SAWS) have formed a partnership aimed at strengthening the country's early warning and forecasting capabilities and to ensure communities are better prepared to deal with severe weather-related occurrences and disasters.
Motorists driving over speed limits in South Africa risk having insurance claims rejected in the case of accidents.
South Africa's health insurance inflation (medical scheme premium inflation) has consistently outpaced headline inflation, except during the COVID-19 period, according to the South African Reserve Bank (SARB).
South Africa is facing a water crisis, from drought and ageing pipes to failures in infrastructure. As a result, households in the country are forced to navigate a complex risk landscape of water outages, leaks and supply disruptions.
Most repudiations of motor insurance claims are driven not by administrative or technical factors, but by preventable driver behaviour and non-compliance with traffic regulations and responsible driving practices, says the South African Insurance Association (SAIA).
The Actuarial Society of South Africa (ASSA) has released a research paper advocates replacing the current Road Accident Fund (RAF) system with a robust, financially stable hybrid solution that will fairly and timeously compensate future road accident victims.
As supply uncertainties continue, fuel prices in South Africa are soaring, leading to a rising number of citizens hoarding bulk purchases of petrol.
South Africa's only special risk insurer, Sasria, has restored a critical layer of insurance capacity for large corporates facing escalating risks linked to civil commotion, riots, strikes, public disorder and terrorism.
South African life insurers paid claims and benefits worth ZAR626bn ($38.24bn) in 2025, which included life, disability, critical illness (CI) and income protection policies, as well as underwritten pension fund benefits, annuity payments to pensioners and endowment policy benefits.
The International Association of Insurance Supervisors (IAIS) has released two publications, marking the completion of its multi-year cycle of assessing implementation of the supervisory material of the Holistic Framework for systemic risk in the insurance sector. South Africa is among the markets assessed.