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Reinsurance / 24-10-13 / Staff Writer

Santam stands firmly behind the agriculture sector

Cape Town - Despite the announcement of the withdrawal of one of the largest re-insurers from the crop insurance market,Santam says it has no intention of withdrawing its support from farmers who are facing challenging times. The insurer's commitment…

Reinsurance / 13-09-13 / Staff Writer

FIA slams City Press

Johannesburg - The Financial Intermediaries Association of Southern Africa (FIA) wishes to correct certain inaccuracies in an 8 September City Press article titled Medical aid clients losing out to brokers by Zinhle Mapumulo. The negativity…

Reinsurance / 10-09-13 / Staff Writer

Transformation top priority, says insurance committee

Johannesburg - The Insurance industry's Human Capital Development steering committee today said the development of human capital is one of the 10 most pressing Environmental, Social and Governance (ESG) issues facing South Africa's short term…

Reinsurance / 09-09-13 / Staff Writer

Commercial crime increase threatens SA’s economy

Johannesburg - The South African Police Services Minister Nathi Mthethwa today announced a 0.6% increase in commercial crime for the period April 2012 to March 2013; the previous year 2011/2012 saw the only decrease in reported commercial crimes…

Reinsurance / 20-08-13 / Staff Writer

Uninsured more vulnerable in tough economic times

A tough economy can affect nearly every aspect of people\'s lives. Some may lose their jobs or have to reduce the positions to a part-time one, while others are seeing their housing values drop, rentals increase and with the inflation rate steadily…

Reinsurance / 20-08-13 / Staff Writer

Specialised insurers impacted by wild rand exchange

Wild swings in the rand exchange rate, brought on by local labour unrest and the ongoing European sovereign debt drama, are forcing specialist insurers and their clients to realign their risk management strategies. "Companies need to closely…

Reinsurance / 20-08-13 / Staff Writer

Tech gadgets: Can you afford to replace or cope without them?

South Africans spending on gadgets has increased dramatically and according to the latest figures from market analytics company, International Data Corporation, overall IT spending in South Africa has increased to a grand total of $12.91 billion…

Reinsurance / 25-07-13 / Staff Writer

Demand for food on the rise: Santam

Santam Agriculture says demand for food in South Africa has increased substantially in the past decade and this trend is expected to continue. The increase has been driven partly by 9.7% growth in population from approximately 46.2 million in…

Reinsurance / 20-07-13 / Staff Writer

Global survey acknowledges Africa’s retail potential

Johannesburg - Barclays recently released the results of a survey that questioned retailers on their attitudes towards international expansion. While, for now, the USA and China remain firm favourites for British retailers, the island’s brands…

Reinsurance / 19-07-13 / Staff Writer

ooba stats points to positive 2013 start

The latest statistics from ooba, South Africa’s biggest bond originator, show the average house price reached R894 510 in January 2013, up 5.2% from R850 589 in January 2012.

Reinsurance / 19-07-13 / Staff Writer

ooba stats show rise in average house prices

Latest statistics from ooba, South Africa’s biggest bond originator, continue to reflect positive year-on- ear price growth, up 3.4% in March this year (R903,922) compared to March 2012 (R874,228). However, the average house price is 0.5% down…

Reinsurance / 31-05-13 / Staff Writer

Solar and the Insurance Industry

Cape Town - Compared to developed countries in Europe and North America, South Africa's sustainable and renewable energy sector is under-developed.While the country experiences some of the highest levels of solar radiation in the world, 90%…

Reinsurance / 31-05-13 / Staff Writer

Motor vehicle remote jamming is real

Johannesburg - There has been alarming reports of vehicle owners who, under the impression of having locked their vehicle with the remote control device, returned only to find that most if not all goods had been stolen without any sign of forced…

Reinsurance / 31-05-13 / Staff Writer

INSETA, Old Mutual, Sanlam and CAPACITi partner

Johannesburg - In response to government's concerns about the lack of qualified IT business analysts in the South African workforce, a new initiative is targeting this potentially damaging gap equipping young unemployed graduates in the ICT…