Life insurance industry remains in good health, despite high Covid-19 claims

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Life insurance industry remains in good health, despite high Covid-19 claims
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The Association of Savings and Investment SA says life insurers’ half-year statistics show the industry is in a strong position to pay claims

The life insurance industry remains well capitalised and in a strong position to pay claims arising from Covid-19-related deaths, the association representing the savings and investment industry said on Wednesday.

The Association of Savings and Investment SA , which represents most asset managers, collective investment scheme management companies, linked investment service providers, multi-managers and life insurance companies, reached this conclusion on the basis of the half-year statistics of life insurers that belong to the association...

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