SASRIA Achieves R20bn Riot Buffer: Building Resilience For The Next Crisis
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Guest: Mpumi Tyikwe – CEO of SASRIA
After paying out a staggering R32 billion in claims following the July 2021 riots, South Africa’s state-owned risk insurer Sasria is now battle-ready with a R20 billion buffer in place to respond to future unrest without leaning on taxpayers.
Sasria CEO Mpumi Tyikwe joins us to unpack how the insurer is preparing for the next wave of potential disruption in a country still grappling with deep socio-economic fault lines. He reflects on the 2021 unrest, Sasria’s unprecedented payouts, and what it takes to insure against politically and socially driven chaos in South Africa.
After paying out a staggering R32 billion in claims following the July 2021 riots, South Africa’s state-owned risk insurer Sasria is now battle-ready with a R20 billion buffer in place to respond to future unrest without leaning on taxpayers.
Sasria CEO Mpumi Tyikwe joins us to unpack how the insurer is preparing for the next wave of potential disruption in a country still grappling with deep socio-economic fault lines. He reflects on the 2021 unrest, Sasria’s unprecedented payouts, and what it takes to insure against politically and socially driven chaos in South Africa.