Danie Matthee elected chair of South African Insurance Association
“I am honoured by the confidence the SAIA Board has placed in me. Insurance matters most when things…
"I am honoured to take on this role at an exciting time for Coface South Africa. I look forward to working with our talented teams to enhance our operational performance, accelerate digital initiatives, and continue delivering outstanding experiences for our customers and stakeholders," says Paulo Solipa,…
“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,…
"The case is a useful illustration that an administrative or documentation error- including one made…
"While it’s completely understandable that families are looking for breathing room in their budgets,…
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…
"Young South Africans, in particular, should not see funeral insurance as a product only for older people. It is a practical expression of responsibility to parents, partners, children and the wider family network. We can enjoy a good lifestyle while preparing for the worst; in fact, financial maturity…
"A policy that was appropriate when a client was single, renting and earning a certain income may look…
"For many South Africans, taking out life insurance is usually accompanied by a significant milestone…
"When our savings plans fall short, we often blame ourselves. We assume we lack discipline, don't earn…
"During bereavement, families should not have to worry about delays or complexity in accessing financial…
"One of the most common misconceptions about retirement planning is that accumulating a specific lump sum automatically guarantees financial security. While reaching a savings milestone is important, what determines financial safety in retirement is income sustainability," says Kersti Stevens, Financial…
"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.…
"What I didn’t realise at the time was the power of compounding and ‘time in the market’, together with…
"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…
“The key question is not whether the withdrawal was right or wrong, but whether the event that triggered the withdrawal requires a deeper look into the financial affairs of that particular client,” says says Keith Peter, Advice Manager for Old Mutual Personal Finance.
“Investors of the now and the future are acting very differently to those of three, four or five years…
"The survey shows that while 86% of parents are actively thinking about education costs, fewer than half…
"A comprehensive estate plan should reflect the way we live today. By including digital assets in your estate planning discussions, you can help ensure that your wishes are respected, important information remains accessible and your loved ones have the guidance they need when managing your affairs,"…
"The bigger, more important issue is whether the organisation fully understands the impact of AI on the…
"The growth we've seen across eWallet shows that customers want access to financial solutions that are…
“Many young journalists are expected to cover complex financial topics without ever having had structured exposure to how the industry actually works. The Business Journalism Exchange is our way of closing that gap," says Celiwe Ross, Group Chief Human Capital and Corporate Affairs Officer at Old Mutual.
“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…
“SMMEs remain a critical driver of economic activity and job creation in South Africa. At a time when…
“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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