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Reinsurance / 10-04-14 / Staff Writer

High Court dismisses AH-Vest case

Johannesburg - The Financial Services Board (FSB) has announced that the North Gauteng High Court has dismissed with costs the application brought by Mr Maslamony Theegarajan Pather and AH-Vest Limited against the FSB and other parties.

Reinsurance / 09-04-14 / Staff Writer

SA life and short-term insurers maintain stable

Johannesburg - The South African Customer Satisfaction Index (SAcsi) released yesterday has revealed that South African consumers gave the short-term insurance industry an overall satisfaction score of 78.8 out of 100. Consumers also rated their…

Reinsurance / 25-03-14 / Staff Writer

Getting the most out of your homeowner’s insurance

Johannesburg - Every property owner with a home loan must have home owner's insurance in place. Your insurer wants to keep your house in perfect condition, so they should be the first person you call when things go wrong.

Reinsurance / 24-03-14 / Staff Writer

Keeping a close watch on international

The Financial Intermediaries Association of Southern Africa (FIA) is preparing for its participation in the World Federation of Insurance Intermediaries (WFII) 15th World Council and Executive CSE Committee meetings to be held in Sydney, Australia…

Reinsurance / 23-03-14 / Staff Writer

Non-payment of pension contributions

Cape Town - Far-reaching new legislation has been introduced which will make non-payment of retirement fund contributions by employers a criminal offence - and financial officers and directors can be held personally liable.

Reinsurance / 19-03-14 / Staff Writer

Sanlam and Ubuntu-botho BEE partnership delivers

Cape Town - The Sanlam Group has announced that the Ubuntu-Botho empowerment deal, which came to the end of its 10-year contractual period on 31 December 2013, has created approximately R15bn in value from an initial investment of R1.3bn (all…

Reinsurance / 18-03-14 / Staff Writer

Decrease costs, increase financial security

Yet another fuel-price hike, rising interest rates and steadily increasing living costs are squeezing consumers. But Anele Mbuya, senior marketing actuary at Old Mutual, says ignoring the ever rising costs can carry long-term risks for breadwinners…

Reinsurance / 17-03-14 / Staff Writer

Santam and UNICEF spotlight children’s rights

Cape Town - As South Africa celebrates Human Rights Day on Friday, 21 March, it's significant to note that this year marks the 25th anniversary of the Convention on the Rights of the Child (CRC), an international treaty that close to 193 countries…

Reinsurance / 16-03-14 / Staff Writer

Gauteng allocates R100m for floods damaged houses

Pretoria - Gauteng Premier Nomvula Mokonyane says the provincial government has set aside more than R100 million to assist Soshanguve residents who were affected by severe hailstorms late last year.

Reinsurance / 13-03-14 / Staff Writer

Treasury publishes papers on retirement reform

Johannesburg - The National Treasury has published two papers that provide details on the proposed retirement reforms and tax free savings products as announced by the Minister of Finance in his budget speech at the end of February, 2014.

Reinsurance / 12-03-14 / Staff Writer

Old Mutual’s Smoothed Funds declare highest bonus

Johannesburg - Old Mutual's range of smooth bonus funds has continued to deliver, despite the harsh economic climate that faced South Africans in 2013 - declaring the highest bonus figures since 2007.

Reinsurance / 12-03-14 / Staff Writer

Weather-related claims emphasises the need

Cape Town - Small businesses are vital to South Africa's economy and contribute around 30% to its GDP per annum. However, running a small business is no walk in the park. According to Trade and Industry Minister, Rob Davies, "If seven small…

Reinsurance / 11-03-14 / Staff Writer

Could a mudslide ruin your business?

Cape Town - Small businesses are vital to South Africa's economy and contribute around 30% to its GDP per annum. However, running a small business is no walk in the park. According to Trade and Industry Minister, Rob Davies, "If seven small…

Reinsurance / 11-03-14 / Staff Writer

SAM Light Parallel Run Phase only four months away

Johannesburg - The proposed Financial Services Board's (FSB) Solvency Assessment and Management (SAM) Light Parallel Run Phase is four months away, says the SAIA in its February 2014 Bulletin released on the 4th of March. The SAM Light Parallel…