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SA’s high-risk profile has knock-on effect on insurance premiums – survey

Crime, health, cyber risks have had a negative impact on costs.

The 2019 Sanlam Benchmark Survey has revealed critical insights into the local retirement industry, citing ten mega-trends that affect the sector.

Also discussed in this podcast is how insuring the risks associated with the high-risk nature of life in South Africa is becoming more expensive. Avishal Seeth, the director at Simeka Health Consultants & Actuaries discusses the issues driving up insurance premiums with Nompu Siziba.

They also touch on the importance of having a pension fund and which age groups are considered the riskiest to insure.

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