The Sanlam Group today reported a satisfactory performance for the first four months of the 2017 financial year, citing good growth in the value of new life business written as well as reasonable growth in net result from financial services.
Sanlam and Santam confirmed that all conditions precedent have been met, including all the necessary regulatory approvals, to increase their effective stake in Morocco-based SAHAM Finances S.A.
Old Mutual Investment Group (OMIG) has announced its plans to expand its commercial real estate and agriculture footprints in Africa through a partnership with Nigerian Sovereign Investment Authority (NSIA), Nigeria’s sovereign wealth fund.…
A sample of 2105 private medical aid policyholders in South Africa gave the health insurance industry a satisfaction score of 74.2 out of 100 in the latest South African Customer Satisfaction Index (SAcsi), which is virtually unchanged since…
South African leading financial services group, Sanlam has announced significant changes at its group executive committee level. The Johannesburg Stock Exchange (JSE) and Namibian Stack Exchange listed financial giant said Financial Director,…
South African leading financial services group, Sanlam has announced significant changes at its group executive committee level. The Johannesburg Stock Exchange (JSE) and Namibian Stack Exchange listed financial giant said Financial Director,…
People live much longer these days and, subsequently, have longer retirement periods. This means they now need to consider new forms of insurance products developed in response to the longevity trend. Petrie Marx, product development actuary…
South Africa may be suffering currently, but glimmers of hope are starting to emerge that undermine the more negative perceptions plaguing the SA economy. This was according to, Johann Els, Senior Economist for Old Mutual Investment Group, presenting…
Failure to address the ongoing challenges identified in the Dinokeng Scenarios, an economic scenario planning programme sponsored by Old Mutual in 2009, will see the country continue to drift towards the two low-road scenarios of "Walk Apart"…
The fund aims to deliver modest income and to outperform inflation. The fund has delivered good real returns over the long term with one-, three-and five-year real returns ahead of target. It continues to prefer global over local equities, given…
Pretoria - The Commission has approved, without conditions, the merger between Lombard Life and Guardrisk in terms of which Lombard Life intends to transfer long-term insurance policies (including the rights and obligations relating to the policyholders…
Cape Town - The Sanlam Group today announced that it has achieved solid operational results for the 10 months to 31 October 2014 despite a persistently challenging business environment.
Cape Town - Sanlam Emerging Markets (SEM) has announced that its Malaysian subsidiary, MCIS Insurance Berhad (MCIS) has disposed of its general insurance business in Malaysia.
Cape Town - Sanlam is pleased to announce that it has reached an agreement to acquire a 28.7% stake in the issued share capital of Afrocentric Healthcare Assets (Proprietary) Limited, a wholly-owned subsidiary of Afrocentric Investment Corporation…
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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