Santam, South Africa’s largest short-term insurer, today reported acceptable operating results for 2020 under very difficult economic circumstances, despite the negative impact of COVID-19.
Financial institutions, including those in the insurance industry, have had to develop and adapt their products and services over the years to suit the ever-changing lifestyles of humans.
February is known as the month of love and, even in a pandemic year, billions of rands are expected to be spent on Valentine’s Day gifts, globally.
Santam has warned that, with remote work and work from home taking off as the new norm, companies need to be extra vigilant to ensure they are not vulnerable to disastrous data breaches or other cyber security incidents.
La Nina reached maturity and will remain at La Nina levels until about April 2021. Longer term outlooks are still positive for further rain in February and March for most of the Summer Rainfall Region.
It turns out geyser-related issues cause some of the country’s most common household insurance claims, this is according to Santam – South Africa’s leading short-term insurer
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