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Non-life insurance industry grows by 16.6%

Serial rapist Nkosinathi Phakati has been handed multiple life sentences.
An intercepted Iranian missile is seen in Jerusalem on October 1, 2024.
 
 
File: View of the South African flag with a magnifying glass.

 
Financial journalist Rob Rose says companies must lodge criminal charges, against those involved in white collar crime.
JOHANNESBURG – The insurance market is faring much better in 2024 than it did a few years ago.
According to KPMG’s annual South African Insurance Industry Survey, the country’s non-life insurance industry saw growth of 16.6% in IFRS 4 gross written premium and 7.9% growth in IFRS 17 insurance revenue.
eNCA’s Gareth Edwards spoke to Derek Vice from KPMG South Africa.

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