chamberCape Town Chamber of Commerce Events

coc-jhb

Johannesburg Chamber of Commerce Events

commerceDurban Chamber of Commerce Events

Industry Thought LeadershipIndustry Thought Leadership

ilo

Anglo AmericanCorporate Platinum Sponsor

General 

Life insurance payouts exceeded R522bn in 2020 as death claims soared by almost 37%

Posted by   

newsBL Premium reports that SA life insurers paid out more than half-a-trillion rand in benefit claims in 2020 as Covid-19 took a heavy toll. Claims and benefit payments to life cover policyholders rose 6.5% to R522.7bn in 2020, up from the previous year’s R491bn, according to long-term insurance statistics released by the Association for Savings & Investment SA (Asisa) on Monday.

Source: Latest News