Sasria notes in its annual report that it has still not fully recovered from the wave of social unrest that swept KwaZulu-Natal and parts of Gauteng in July 2021, despite government bumping up R22 ...

The economic and financial loss resulting from the violent insurrection that swept across KwaZulu-Natal and Gauteng (following the incarceration of former president Jacob Zuma on Wednesday, July 7) ...

Although 80% of the claims from the civil unrest of July last year have been settled, about 20%, amounting to R10-billion, are outstanding. Sasria’s executive manager for stakeholder management, Muzi ...

July's unrest in KwaZulu-Natal and Gauteng was the most expensive blitz riot to have taken place globally in the past ten years. The South African Special Risk Insurance Association (Sasria) estimates ...

It has been over two months since the unprecedented chain of events transpired in KwaZulu-Natal and Gauteng that left businesses looted, destructed and others burnt. Work has been underway since then ...

The wave of violent riots and criminal looting that has swamped large parts of Gauteng and KwaZulu-Natal this week demands an equally swift and immediate response from our economic safety net: the ...

The South African Special Risk Insurance Association (Sasria), which provides cover for damage caused by politically motivated malicious acts, riots, strikes, terrorism and public disorders, dropped a ...

Businesses and homeowners who have Sasria cover will have their legitimate claims met, and in the case of smaller claims, they will be paid out within a week. That was the undertaking from Sasria (the ...

The state-owned insurance company that covers specialised risks such as riots, terrorism, strikes and public disorder may have to rely on the government for more funds in future in the face of soaring ...

Nearly three months after the July riots, which saw businesses in KwaZulu-Natal and Gauteng vandalised and looted, the treasury announced that R3.9-billion will be disbursed to the South African ...

Sasria has warned that its projections show the insurer will likely make a loss of R26 billion. The insurer said its balance sheet would not be able to accommodate claims volumes similar to those it ...