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Reinsurance / 28-05-14 / Staff Writer

Santam appoints Dave Keeling as head of Associated

Santam, South Africa's leading short-term insurer today announced the appointment of Dave Keeling as Head of its marine insurance subsidiary, Associated Marine.

Reinsurance / 26-05-14 / Staff Writer

Santam injects further R2.7m in crime prevention

Cape Town - Santam, South Africa's largest short-term insurer has announced that it has committed an additional R2.7m in support of the National Institute for Crime Prevention and the Reintegration of Offenders " (NICRO) work to help adolescents…

Reinsurance / 21-05-14 / Staff Writer

Santam emerges a leader in paying claims and treat

Cape Town - According to the latest statistics by the Ombudsman for Short-Term Insurance (OSTI), Santam's number of complaints dealt with by the OSTI per 1000 claims (2/1000) is well below the industry results.

Reinsurance / 19-05-14 / Staff Writer

Now is ideal climate for first-time home buyers

Johannesburg - The latest stats from ooba, a South African bond originator, show that the property market continues to grow and that it is currently an ideal climate for first-time buyers to get a foothold on the property ladder. The company's…

Reinsurance / 13-05-14 / Staff Writer

Access bonds – brilliant savings opportunities

Having an access bond is one of the smartest ways you can manage your home loan. This is how to apply for one, and how to make it work for you when you have it. An access bond is a type of home loan that allows borrowers who have paid extra…

Reinsurance / 07-05-14 / Staff Writer

NEHAWU welcomes draft health insurance regulation

Johannesburg - In a statement issued today, NEHAWU announced that it welcomes the recently published draft regulations on health insurance policies published by the National Treasury on the 29th of April 2014. It stated that whilst endorsing…

Reinsurance / 07-05-14 / Staff Writer

INSETA commissions research to support skills

Johannesburg - Black economic empowerment legislation and the Financial Sector Charter are the drivers behind the transformation of the sector and have increased demand for skilled black employees in all occupational categories, especially the…

Reinsurance / 07-05-14 / Staff Writer

INSETA assist more than 100 000 FSPs to be FAIS

Johannesburg - Sandra Dunn, Chief Executive Officer (CEO) of the Insurance Sector Education and Training Authority (INSETA) says she is pleased to announce, that since 2008, INSETA has assisted more than 100 000 Financial Services Providers…

Reinsurance / 05-05-14 / Staff Writer

Discovery Insure continues to chip into market

Johannesburg - Only three years into its launch, Discovery Insure is not only starting to reap the fruits of its toils in the telematics spheres, but has become known as a world leader in this area after reaching a milestone of 50,000 active…

Reinsurance / 28-04-14 / Staff Writer

Santam acquires insurance administration provider

Cape Town- Santam, South Africa's largest short-term insurer, today announced that it is to acquire Brolink which provides information technology and business process outsourcing services to the short-term insurance industry.

Reinsurance / 23-04-14 / Staff Writer

Manage your risk to ensure franchise success

Cape Town - Santam, South Africa's leading short-term insurer today warned that unforeseen setbacks could cost franchise owners dearly, if they are not adequately insured and having the correct insurance cover for your franchise, could make…

Reinsurance / 21-04-14 / Staff Writer

FSB enforcement wing slaps Dvoulety with fine

Johannesburg - The Financial Services Board (FSB) today announced that its Enforcement Committee has imposed an administrative penalty of R50 000 on Mr Jaroslav Dvoulety (Dvoulety), for contravening Section 75 of the Securities Services Act,…

Reinsurance / 15-04-14 / Staff Writer

Treasury and FSB releases draft regulations

Johannesburg - The National Treasury ("Treasury") and Financial Services Board ("FSB";) today released for public comment the draft Regulations ("Regulations") and related Explanatory Memorandum for hedge funds.

Reinsurance / 14-04-14 / Staff Writer

ooba sees higher bond approvals; property price

Johannesburg - In March, the Average Purchase Price recorded by ooba showed a strong year-on-year price growth of 8.3% to R978 637, and a month-on-month increase of 2.1%.