Short-term insurance: as temperatures increase, your risks increase

South Africa News News

Short-term insurance: as temperatures increase, your risks increase
South Africa Latest News,South Africa Headlines
  • 📰 TheCitizen_News
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 75%

Storms in the Eastern Cape and KwaZulu-Natal caused billions of rands of damage this past week, indicating weather-related risks.

The world just clocked up its twelfth consecutive month with the highest temperatures since measurements began and insurers are warning consumers that as temperatures increase, their risks increase, making it important to have short-term insurance.

In South Africa, extreme weather events not only represent serious risks in and of themselves, but they also place already failing infrastructure and public services under added strain, exacerbating the impact. More frequent heat waves, on the other hand, can contribute to an increasing number of wildfires, which brings its own set of risks and challenges, Rimmer warns. “The absence of effective fire fighting resources, staff and equipment increase the impact and magnitude of losses incurred. This is particularly true in more outlying regions, where fire fighting support will take much longer to arrive to manage a fire.

In addition, businesses must also ensure they have business interruption cover in place to safeguard against loss of income or loss of profits should their assets be damaged or destroyed.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TheCitizen_News /  🏆 6. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Snow and Storms Disrupt Eastern Cape and KwaZulu-Natal: Motorists Urged to Exercise CautionSnow and Storms Disrupt Eastern Cape and KwaZulu-Natal: Motorists Urged to Exercise CautionAll mountain passes in the Eastern Cape closed due to heavy snowfall have reopened. However, roads remain wet and slippery, posing ongoing hazards to motorists.
Read more »

South Africa: 'Cape of Storms' - Climate Researchers Explain Cape Town's Recent Extreme WeatherAnalysis - A severe storm hit South Africa's Western Cape province between 6 and 9 April 2024, with extreme winds gusting at up to 135km/h. The storm left a trail of destruction across Cape Town and surrounding areas - at least 1,500 people were left homeless after the high winds fanned fires through their communities, burning homes to the ground.
Read more »

Snow falls in the across SA including Northen Cape, Free State and Eastern CapeSnow falls in the across SA including Northen Cape, Free State and Eastern CapeIt has been a winter 'wonderland' for some and chaos for others as snowfall continued in parts of the country on Tuesday including the Free State and Northen Cape.
Read more »

Elections 2024: Eastern Cape ANC mobilises support to help party regain control of Western CapeElections 2024: Eastern Cape ANC mobilises support to help party regain control of Western CapeElections 2024: Eastern Cape ANC mobilises support to help party regain control of Western Cape
Read more »

Junior Key Accounts / Technical Specialist - Food Manufacturing - Western Cape - Western Cape Western CapeJunior Key Accounts / Technical Specialist - Food Manufacturing - Western Cape - Western Cape Western CapeIT Industry News. Daily.
Read more »

Business Analyst - Eastern Cape GqeberaBusiness Analyst - Eastern Cape GqeberaIT Industry News. Daily.
Read more »



Render Time: 2025-02-21 10:02:23