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Life insurers pay a record R639 billion in 2024 – Moonstone Information Refinery

Summary by Moonstone
South Africa’s long-term insurance industry has shown remarkable resilience, paying out nearly R3 trillion in claims and benefits over the past five years while maintaining a strong financial position. According to the long-term insurance statistics released this week by the Association for Savings and Investment South Africa (ASISA), in 2024 alone, insurers paid out a record R639 billion in claims and benefits, covering everything from retireme…
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Moonstone broke the news in on Thursday, April 3, 2025.
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