Sasria Rate Increase 1 January 2022
Following the recent civil unrest, violence and looting and given the magnitude of these losses, Sasria has advised that they will be implementing a rate increase to specific classes of business with effect from 01 January 2022.
Domestic dwellings have not been affected, however the basic F2 – Fire Commercial rate on commercial buildings has been increased to 0.02906% (from 0.0174%).
A new category ‘F2 – Fire Commercial (Office)’ has been introduced for commercial buildings occupied as offices with a lower rate of 0.02088%.
CIA will be implementing the necessary changes that come into effect 1 January 2022 in accordance with the attached Sasria notification.
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