Everyone experiences defining moments in their lives. This year, the world was hit by a global health pandemic – Covid-19. This crisis continues to take its toll across the globe through severe disruptions to human health, lifestyle, business, economy, society, government and technology.
Insurers have been saving the day, with South African insurance companies showing what they’re made of. This year’s Annual Insurance Industry Survey reflects the 2019 financial year results of thirty-three non-life insurers, eighteen life insurers and eight reinsurers, generated before the outbreak of the pandemic.