Claims for household or business damage from load-shedding also put pressure on insurance companies
26 March 2023 – 07:49
Increased theft of high-value vehicles has pushed up the cost of insurance and rising living costs have forced the middle class to hang on to their cars for longer than usual, Outsurance CEO Marthinus Visser said this week.
Speaking to Business Times after the release of the company’s financial results for the six months ended December, Visser said he was concerned about the impact of crime on claims…