The SA Special Risks Insurance Association (Sasria), the state-owned special risks insurer, has still not fully recovered from the R24.3bn loss it suffered in the 2021 riots, but its financial position strengthened last year. Sasria insures against acts of terrorism, labour and civil unrest and riots, events that private sector insurers are unwilling to cover. High levels of poverty and unemployment contribute to the risks it has to deal with. Mbuyiseni Ndlozi is in conversation with SASRIA CEO, Mpumi Tyikwe. 

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