Cape Town - Santam, South Africa's largest short-term insurer, today reported a 9% increase in annual gross written premiums (excluding cell insurance business) in the year to end-December, 2013. The short-term insurer said it achieved this…
The micro-finance sector in South Africa is a large and growing sector of the national economy. It aims to bring access to financial services to the poor and unemployed by assisting them in setting up income generating micro businesses.
Cape Town - In many respects, our National Budget is no different to our own personal household budgets. Karin Muller, head of Sanlam Growth Market Solutions, explains: "Over the last couple of years, consumers have experienced greater pressure…
Cape Town - In his 2014 budgetary comment, Jac Laubscher, Sanlam Group Economist says the National Treasury listed five major global risks in the 2013 Medium Term Budget Policy Statement. These were the outcome of US fiscal policy debates; the…
Cape Town - Sanlam today expressed its pleasure in announcing the appointment of its Group Chief Executive, Dr Johan van Zyl as an independent non-executive director of Shriram Capital Limited (SCL) in India with effect from 19 February 2014.
Johannesburg - 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…
Cape Town - So you have your eye on a shiny new bicycle. You can already see yourself taking to the streets on that glamorous new set of wheels. But stop for a second and imagine a whole different picture. Instead, see yourself cycling with…
Johannesburg - The January statistics from ooba, South Africa's biggest bond originator, show that the property market has entered the new year on a continuing high note, with ooba's Approval Rate increasing by 3.0% year on year to 68.7%, which…
Cape Town - Sanlam and FBN Holdings, owners of FBN Life Assurance Limited (FBN Life), today announced that FBN Life has acquired a 71.2% equity interest in the Nigerian Stock Exchange-listed general insurance company, Oasis Insurance Plc. Sanlam…
Johannesburg - The January statistics from ooba, South Africa's biggest bond originator, show that the property market has entered the new year on a continuing high note, with ooba's Approval Rate increasing by 3.0% year on year to 68.7%, which…
Cape Town - In the face of volatile global equity markets and structural economic challenges, there is much debate around what investors can expect going forward. It is times like this that it is worth remembering that investment has always…
There are many good reasons for avoiding Gauteng's freeways now that e-tolling has started. Refusal to support an unjust system which was forced upon Gauteng's residents without adequate consultation is one such reason. Another reason might…
Johannesburg - The Financial Services Association of Southern Africa (FIA) today said it would like to congratulate South Africa's risk and financial advisers on a job well done for the year ended 31 December 2013. Justus van Pletzen, CEO of…
Pretoria - The Financial Services Board (FSB) on Monday said the Registrar of Financial Services Providers referred a case against Dominium Consulting (Pty) Limited (the Respondent) to its Enforcement Committee.
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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