Mar 27, 2020 | Articles, Latest Insurance Articles, Short Term Insurance News
The world is close to running out of space to store all the fuel that jets are no longer burning. Only about 20% of land-based storage for the product remains — about 50 million barrels — while airlines cut flights, according to Vienna-based consultant JBC...
Mar 20, 2020 | Articles, Latest Insurance Articles, Short Term Insurance News
Kaspersky dubbed 2019 ‘the year of ransomware attacks on municipalities’. This followed research which showed that hundreds of municipal institutions across the globe were targeted by ransomware during the last year – where South Africa was not immune. While attacks...
Mar 13, 2020 | Articles, Latest Insurance Articles, Short Term Insurance News
The more alike people are, the more likely they are to think along the same lines; therefore, there is less room for debate, discernment and disagreement As organizations grapple with more complex decisions and an ever-increasing pace of change, building a...
Mar 6, 2020 | Articles, Latest Insurance Articles, Short Term Insurance News
Investment losses rather than claims will likely cause the biggest hit to insurers from the coronavirus outbreak, according to a report from Moody’s Investor Services Inc. Trade credit insurers, however, could see higher claims resulting from pressure on...
Feb 28, 2020 | Articles, Latest Insurance Articles, Short Term Insurance News
South African public and private sector organisations have fallen victim to a range of sophisticated cyberattacks over the last year and have resulted in reputational damage, loss of productivity and finances. Most organisations have to protect against a...
Feb 21, 2020 | Articles, Latest Insurance Articles, Short Term Insurance News
At the annual winter meeting press conference held by the International Union of Marine Insurance (IUMI), a host of the most pressing issues facing this sector were discussed and debated by several IUMI office holders who act as senior representatives of the global...
