Insurance scammers were not left out of the drama of the year that was 2024.
The Association for Savings and Investment South Africa (Asisa) life insurers and investment companies reported a 46% surge in fraud and dishonesty.
Asisa says the industry lost at least R175.9-million to fraud and dishonesty in 2023, a 128% increase from the R77.2-million lost in 2022.
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