Godongwana wants Sasria to provide cover of R1bn again
Sasria withdrew the cover because of high reinsurance costs
13 September 2022 - 16:53
The Treasury and the SA Special Risk Insurance Association (Sasria) are working on a way for the state-owned insurer to provide large corporates with special risk cover of R1bn, finance minister Enoch Godongwana said on Tuesday.
He said that that cover was key to unlocking further investment in infrastructure by the private sector, adding that enabling Sasria to provide that cover might require further funding by the state...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.