Mtho Maphumulo | What D&O insurers should know about director liability
"This judgment adds to the growing body of important directors and officers ("D&O") jurisprudence in…
"Insurance plays a critical role in household resilience by providing financial protection that enables families to recover and rebuild more quickly after a disaster. No one should have to choose between an affordable home and a safe one, which is why resilience must be understood not only as a physical…
"This judgment adds to the growing body of important directors and officers ("D&O") jurisprudence in…
"I am honoured to take on this role at an exciting time for Coface South Africa. I look forward to working…
“I am honoured by the confidence the SAIA Board has placed in me. Insurance matters most when things…
“With climate-related disruption becoming an increasingly prominent feature of the global travel environment,…
As the needs of customers evolve, our approach evolves along with it. In an increasingly competitive market, we believe that Customer Experience is our differentiator and that putting our customers at the centre of everything we do delivers real results.
Life insurance is a vital financial safety net that ensures your family is protected when you’re no longer…
Whether you're just starting your financial journey or looking to sharpen your money management skills,…
"A woman who can earn, own, invest, insure and build has choices - and choices change the trajectory of families and communities. That is why representation at the top matters, but it cannot be the finish line. Our leadership must translate into institutions, markets and systems that work better for…
"Every goal has a number to strive towards. It’s more than a feeling: It can be acted on, measured, planned…
"When I joined the industry, I was often the only woman around the table in business leadership environments.…
"Coface’s global “Power the Core” strategy, places digital technology and data excellence at the heart…
"We offer our people exposure to global expertise, intellectually challenging work, and continuous learning…
“As South Africans, we are at risk of not being able to maintain our lifestyles when severe illness strikes because we do not have financial recovery plans in place,” says Lulama Mrara, Regional Manager at Old Mutual Personal Finance.
"Young South Africans, in particular, should not see funeral insurance as a product only for older people.…
"A policy that was appropriate when a client was single, renting and earning a certain income may look…
"As medical expense shortfalls become increasingly common, addressing them is becoming part of a financial…
"When our savings plans fall short, we often blame ourselves. We assume we lack discipline, don't earn…
"Our role has been to support that evolution with capital, strategic input, and governance. Over the past decade, the group's turnover has tripled. As we exit, the business has greater scale, a stronger institutional foundation and several avenues through which it can continue to grow," says Chumani…
“The most valuable thing I do for young professionals is to help them set aside sensible amounts of their…
"We are therefore asking Government to engage us as partners on the transformation journey by harnessing…
A common misconception among women is that investing is only worthwhile with a large amount of money.…
"The purpose of investing offshore should be to improve the resilience of a client's overall portfolio.…
"Growing uncertainties combined with intensifying competition are causing increasing headwinds for the reinsurance industry. Geopolitical tensions, inflation, digital threats and climate-related risks make it more difficult to evaluate long-term claim costs and hence risk-appropriate pricing," said Clemens…
"The value of reinsurance has never been more evident than it is today. A resilient reinsurance sector…
"The underlying need for protection continues to grow as the risk landscape evolves and becomes more…
"Avoiding your finances is one of the most human reactions there is. Leaving the envelope or email unopened provides temporary relief. The problem, however, is not temporary. A shapeless worry is often far easier to face once it has numbers attached," says Ralene Grobler, Financial Adviser at Momentum…
"Every rand used to settle a bond, vehicle finance, personal loan, credit card, or store account is a…
"A Will is relevant to anyone with assets or people they want to provide for, regardless of their age…
"A Will is relevant to anyone with assets or people they want to provide for, regardless of their age or income. You do not need a large investment portfolio for your wishes to matter. A home, savings or possessions may represent years of work and have considerable significance for the people you leave…
"A comprehensive estate plan should reflect the way we live today. By including digital assets in your…
"The bigger, more important issue is whether the organisation fully understands the impact of AI on the…
"Our new AI Practice Area Committee will look at AI in our traditional practice areas, shape these fields for the years ahead, and consider how actuaries can become AI specialists beyond traditional boundaries," according to the Actuarial Society of South Africa President, Nalen Naidoo.
“Many young journalists are expected to cover complex financial topics without ever having had structured…
“We are delighted to attract external talent with proven expertise and experience to complement our internal…
“The official launch of the IPEC Regulatory Sandbox reflects the Commission’s commitment to creating…
"This judgment makes it unequivocally clear that employers carry the financial and legal risk when contributions…
“South African industry has known for some time that diesel dependency carries risk. What the current fuel price environment has done is make that risk impossible to ignore. The conversation has shifted from ‘should we consider renewables’ to ‘how quickly can we move,” says Nigel Sun, Head of Sungrow…
"By tackling non-revenue water, we are addressing both a critical environmental challenge and an economic…
"In pursuing our growth agenda for the East Africa region and the African continent, we are focused on…
"Risk is not a threat to be managed. It is actually a massive opportunity to seize, but you have to seize it responsibly," said Werksmans Attorneys director and head of regulatory practice and service line leader for data privacy and cyber, Ahmore Burger-Smidt, adding that legal and compliance professionals…
"Its main purpose is to protect policyholders who may only learn at the claims stage that some funeral…
"The COFI Bill introduces enhanced governance standards for retirement fund boards. Trustees and other…
"A survey by Momentum Corporate on the two-pot system and who is making the most withdrawals shows that it is not the poorest South Africans, but rather established, middle-income households who are making repeat withdrawals most often. The reason for this boils down to both money and rules," says Nashalin…
"Simply putting operational efficiency ahead of employee needs is no longer enough. Businesses need to…
"People are living longer which means financial independence in old age is no longer just about replacing…
"The bigger, more important issue is whether the organisation fully understands the impact of AI on the business and on the society in which it operates. In other words, has it grasped that AI risk is ESG risk," says Prof Yudhvir Seetharam is Chief Analytics Officer, FNB Business.
"Several South African fintech and digital distribution businesses have entered the insurance space via…
A significant advantage of cell captives is access to reinsurance markets through the licensed insurer’s…
"In gas markets, Iran is a significant producer, but it is not major exporter of gas. Unlike the oil market, there is little or no spare capacity in global gas markets right now. The big players in the region are Qatar and the UAE whose combined exports comprise around 20% of global liquified natural…
"In gas markets, Iran is a significant producer, but it is not major exporter of gas. Unlike the oil…
"The escalation of the Middle East conflict, now involving fighting against Hezbollah in Southern Lebanon,…
"The escalation of the Middle East conflict, now involving fighting against Hezbollah in Southern Lebanon,…
"Interest rate risk and high breakeven levels combined with concerns that crop and livestock prices could…
Insurance Biz is a New Africa Busines News Services (NABNS) publication launched in 2013 to focus on the insurance industry, investments, financial planning, employee benefits etc. It remains a great resource of news for industry professionals, and for those who seek to learn about the financial sector developments.
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