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FSCA Press Release

Published

2022

Mon

Apr

FSCA issues public warning against Ngomti Funeral Home (Pty) Ltd

Source: The Financial Sector Conduct Authority (FSCA)

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The regular pattern of rising profits and increasing premiums and reduced profits (losses), and decreased premiums experienced in short-term insurance. The cycle starts when an insurer’s underwriting standards become more stringent and premiums increase. This happens once underwriting losses reach unacceptable levels.

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