Xenophobic attacks were responsible for 42 claims paid out by Sasria, valued at R29m. Picture: THE TIMES
Xenophobic attacks were responsible for 42 claims paid out by Sasria, valued at R29m. Picture: THE TIMES

Sasria, SA’s only special risks insurance service provider, is confident it is sufficiently capitalised to meet rising service-delivery-related and all other claims, says MD Cedric Masondo.

Sasria is a state-owned insurer established 40 years ago to protect organisations, businesses, municipalities and individuals from losses related to riots, strikes, terrorism, civil commotion and public disorder.

Masondo joined Business Day TV to discuss the recent increase in the number and severity of claims.

Sasria MD Cedric Masondo talks to Business Day TV about the recent increase in the number and severity of claims

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