Adriaan Kruger, Author at ACTSA

Unemployment is worse than the official figures state

Millions more are without work, but unexplained ‘other’ adjustments lower the unemployment rate.

Insurers may be in the wrong in rejecting some claims, but more often than not it’s the policyholder who got something wrong.

Management took strategic steps to counteract the pandemic and is positive going forward – but the knocks were significant.

Solid operational results marred by unusual costs and impairments.

All business units impacted by low economic growth and extraordinary operating environment.