After the unrest in July 2021, Sasria paid out all claims and incurred a R24 billion loss that it is still trying to recover. Sasria, the only non-life insurer that provides special risk cover to all ...

Sasria notes in its annual report that it has still not fully recovered from the wave of social unrest that swept KwaZulu-Natal and parts of Gauteng in July 2021, despite government bumping up R22 ...

The SA Special Risk Insurance Association (Sasria), which provides insurance for special risks such as civil commotion, public disorder, strikes, riots and terrorism, is looking to extend its cover to ...

The economic and financial loss resulting from the violent insurrection that swept across KwaZulu-Natal and Gauteng (following the incarceration of former president Jacob Zuma on Wednesday, July 7) ...

Businesses and homeowners who have Sasria cover will have their legitimate claims met, and in the case of smaller claims, they will be paid out within a week. That was the undertaking from Sasria (the ...

State-owned short-term insurer the SA Special Risks Insurance Association (Sasria) has asked the National Treasury for further financial assistance to recapitalise its balance sheet after it was ...

Nearly three months after the July riots, which saw businesses in KwaZulu-Natal and Gauteng vandalised and looted, the treasury announced that R3.9-billion will be disbursed to the South African ...

Like all taxpayers, I should be happy that Sasria is about to distribute a second special dividend to its sole shareholder, the State. This R3bn dividend, along with the previous R7.5bn one in 1999, ...

As South African businesses face losses that are likely to run to tens of billions of rands arising from the current spate of looting and destruction, the capacity of the country’s insurance safety ...

The SA Special Risk Insurance Association (Sasria) expects that total claims following the unrest in KwaZulu-Natal and Gauteng last month could reach R19 billion to R20 billion. This is almost three ...

Sasria is a state-owned short-term insurance company that reports to the treasury and is a special risks insurer. It was set up in 1979 by the apartheid government in response to the growing number of ...