Tag: Under-Insurance

Business under-insurance is on the rise, especially among SMEs

Business under-insurance is on the rise, especially among SMEs

In Aon’s latest 2023 Weather, Climate and Catastrophe Insight report, flooding was identified as the second largest peril across the globe and the most prevalent peril on the African Continent, with a devastating economic loss of $66bn (R1,185bn). While the KZN floods of April 2022 were noted as the largest […]