Storm and fires threaten outlook for SA insurers

8 June 17: The insurers, including Santam Ltd., Old Mutual Plc's Mutual & Federal and Rand Merchant Investment Holdings Ltd.'s OUTsurance unit, are already being battered by an economy that slipped into a recession in the first quarter, the country's credit rating downgrade to junk status, continued political turmoil and unemployment at a 14-year high. Richard Hasson comments. View Article.