R100bn boost for road maintenance: a step towards a safer, stronger SA
"Upgraded infrastructure would reduce the cost of vehicle upkeep, lessen fuel consumption, and decrease…
"The VAT changes will necessitate additional communication to insurance buyers over the next 2 years (as the increase is staggered) notifying them of the price increase and that sums insured need to be adjusted, which may be confusing.," says Charles Nortje, MD of Old Mutual Insure.
"Upgraded infrastructure would reduce the cost of vehicle upkeep, lessen fuel consumption, and decrease…
“The first point to consider is whether the solar installer is qualified, experienced and reputable.…
"The insurance sector is at a critical juncture, where embracing the digital transformation is no longer…
“Technological innovation is a key driver of this transformation, but new advancements also bring new…
As the year moves into its twilight months, 2025 begins to loom over us, and the insurance industry is no exception. Driven by evolving customer needs, technological advances, and regulatory shifts, the upcoming year is set for some shaking up.
Assupol understands that the introduction of the two-pot system can be overwhelming and that is why they…
"Business Interruption cover should be integrated into a holistic approach to protect the business, recognising…
"We invest heavily in culture, talent development and creating an effective workforce. Our culture is a key differentiator that helps us attract and retain talent. I would describe it as inclusive, diverse, safe, caring, supportive, fun and client centric. We want our staff to feel inspired, appreciated…
"A good leader should set a vision for people, so that the employees feel part of something bigger than…
"I first joined Standard Bank in 1995 and have since then held several executive positions including…
A career in insurance is probably the best-kept secret. I started my career in 1998 in a postroom in…
"I feel very fortunate to have had the opportunity to work in a diverse range of roles over the last…
"New-generation life insurers are focusing on creating tailored products to better address specific business needs, such as contingent liability insurance for major debts, buy-and-sell agreements for seamless ownership transitions, and key person insurance to protect against the loss of essential personnel,"…
"The role of technology and data are driving forces behind these trends. With technological advancements…
"Funerals are more than just ceremonies; they are cultural and personal legacies. Without adequate planning,…
"We typically include checks for blood pressure, cholesterol, diabetes, and BMI, aiming to promote proactive…
"Personal Health Pathways is a sophisticated, data-driven realisation of this vision. By harnessing AI,…
"The series of interest rate increases over the past year may balance out any real negative effects from this small rise, but caution should be taken by consumers not to spend carelessly," says Liberty Wealth Adviser Carlo Gil.
"Financial advisers often face challenges in aligning their career goals and personal needs, particularly…
“Investors today want a balance between growth and security, especially when traditional investments…
"The four primary levers -human capital, ESG, intellectual property and cyber protection - are instrumental…
"They did it in a very time and cost-efficient way versus the incumbent methodologies. This led to questions…
"In 2024, Swiss Re strengthened the foundations of its business while focusing on disciplined underwriting and cost efficiency. In the current heightened risk environment, our increased resilience allows us to continue to provide peak risk capacity and risk knowledge to our clients while creating value…
"We can look back on a very successful 2024 financial year, in which we grew steadily and generated a…
"As the Chief Underwriting Officer for Corporate Solutions, Kera has been instrumental in improving costing…
"We are proud of the positive impact Paymenow has on employees and their workplaces. This independent research validates what we've seen anecdotally: providing employees with access to their earned wages when they need it helps them manage their finances better, reduces stress, improves their well-being,…
“Most lenders require proof of a valid residency visa and/or work permit, stable income, local bank account,…
"The issue is that social media influencers are typically compensated for their endorsements, but their…
"Our performance in 2024 reflects the strength of our diversified business and our commitment to delivering value to our stakeholders. We have seen double-digit earnings growth in South Africa, good contributions from our insurance and asset management business, and a strong operational performance from…
"Brand Finance has been producing rankings globally for over thirty years and in South Africa since…
"For consumers, this means everyday goods and services will become more expensive - from electricity…
"The current strong in-period performance across the Group, shows that we are well-positioned for a phase of scaled organic growth, with focused execution through our newly formed global composite, Vitality, and our domestic business, Discovery South Africa," says Group Chief Executive, Adrian Gore.
"We have had an important impact on the lives of thousands of South Africans by offering a vital safety…
"As businesses navigate an increasingly complex risk landscape, it is essential to broaden the focus…
"Our nine-month results confirm the continued strong momentum across all of Zurich’s businesses. In P&C,…
"As I move forward as CEO, I intend to place a firm focus on developing and driving our growth strategy,…
“We weighed up the policy trade-offs involved, including increases to corporate and personal income taxes. Increasing corporate or personal income tax rates would generate less revenue, while potentially harming investment, job creation and economic growth,” Minister of Finance Enoch Godongwana said…
“In 2024, the economy grew by only 0.6%. Over the medium term, GDP growth is projected to average 1.8%.…
"This update has added downward pressure to our forecast for 2025 inflation, as high-inflation items…
The Financial Sector Conduct Authority (FSCA) stated that it had also debarred Mr Peterson for a period of 5 years and Mrs Peterson for a period of 10 years following an investigation by the FSCA into complaints it received from their clients.
"As at 30 June 2024, the FSCA has said it had approved a further 63 licence applications, bringing the…
"While aggregate systemic risk scores increased slightly at year-end 2023, the interim GME analysis found…
"Temporary migrants can be defined as South Africans working outside of the Republic for more than 183 days in any tax year, of which 60 days must be continuous, but who have their families, social circles and primary residence in South Africa with the bulk of their expenses in Rand," says Rex Cowley,…
"Retirement planning doesn’t have to be complicated, but it’s something that requires attention and consistent…
“We expect the focus will be on stabilising the Two-Pot System. While the government has signalled its…
Municipal infrastructure in South Africa is under significant strain, as the country continues to face the dual challenge of ageing systems and a growing population, leaving local governments grappling with essential service delivery, especially in water, energy, and sanitation. While the outlook remains…
"Rather than attempting to be 'everything to everyone', successful managers focus on presenting a targeted…
"Treasury highlights elevated fiscal risks, including potentially lower revenue growth from economic…
"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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