Richard Taylor

Our latest Insurance Update for South Africa covers regulatory themes, including discussion on vulnerable consumers, climate risk, and solvency changes.

As South Africa begins a new year, the insurance industry faces several challenges.

In 2022, South African insurers have benefited from the state of disaster being lifted and ratings upgrades, but not all the news is positive.

Rollercoaster quarter included rioting that caused widespread damage and substantial claims, while some insurers announce mandatory vaccination plans.

Our second quarter recap covers the country’s latest developments relevant to insurers.

Our insurance industry update for South Africa, March 2021.

This article deals specifically with life insurers and the issues they face with the introduction of Solvency Assessment and Management (SAM) to the South African insurance market.