Insurance News Updates 2020

The Institute of Race Relations claims that President Cyril Ramaphosa is deceiving South Africans when he says the National Health insurance (NHI) will cure the health-care crisis.

Businesses in the tourism and hospitality sector, devastated by the Covid-19 pandemic, have launched an online petition calling on their insurance providers to pay out on their business interruption claims.

The Unemployment insurance Fund's Covid-19 Temporary Employee Relief Scheme (TERS) has introduced new security measures to ensure that funds do not fall prey to criminals.

Notes appeal process is likely to be lengthy

The Covid-19 pandemic has radically changed the insurance landscape, and will probably continue to for years to come...

With lockdown impacting heavily on personal finances, there is increasing temptation among vehicle and homeowners to cancel insurance coverage to help balance strained household budgets.

Thousands of shoots around the world shut down abruptly in March as the novel coronavirus spread and governments imposed lockdowns.

A Cape Town eatery secured victory this week when it took its insurer to court for failing to pay out business interruption insurance claims linked to the COVID-19 pandemic.

Regulator lambasts industry for deliberately avoiding paying out legitimate business interruption insurance claims.