Times are changing for marine insurance, says IUMI President, Frédéric Denèfle
“This year we celebrate the 150th anniversary of IUMI and its extraordinary history which started here…
"The cornerstone of ensuring insurance cover for businesses working with chemicals is compliance with relevant legislation. Insurers consider applicable laws when assessing claims, making it crucial for businesses to understand and adhere to the regulations that govern their operations," says Karen Rimmer,…
“This year we celebrate the 150th anniversary of IUMI and its extraordinary history which started here…
"Combined-use complexes may very well become the norm, and we’re seeing this at scale in cities like…
“Saving on your insurance premium doesn't have to mean cutting corners on coverage. By making informed…
"The demand for residential and commercial solar has historically been driven by load shedding. With…
"Business Interruption cover should be integrated into a holistic approach to protect the business, recognising that insurance alone cannot cover market share or reputational losses. A robust disaster recovery plan is essential to enhance business resilience," explains Auto & General Insurance Company…
Assupol understands that the introduction of the two-pot system can be overwhelming and that is why they…
"This award is testament to the dedication and hard work of our entire team. It reflects our commitment…
"I first joined Standard Bank in 1995 and have since then held several executive positions including CFO for Wealth; Director for the Bancassurance business; Director of Commercial Insurance; Chief Operating Officer of Personal and Corporate Wealth; and Chief Operating Officer for Investments and Asset…
A career in insurance is probably the best-kept secret. I started my career in 1998 in a postroom in…
"I feel very fortunate to have had the opportunity to work in a diverse range of roles over the last…
"Starting BrightRock has been the most challenging and most rewarding experience of my career. I had…
"Working as an Actuarial Analyst shifted my perspective. Immersed in solving for South Africa's middle…
"There is the potential for conflict if you have not clearly stated who is to inherit your family home, or other items that may be of monetary or sentimental value to you. A will is more than a legal document – it is a roadmap that helps your loved ones avoid conflict and confusion, and it protects your…
"In determining the Discovery Health Medical Scheme contribution increases for 2025, the priority is…
"Our National parks are a jewel in the nation's crown. Kruger National Park alone is responsible for…
“EmployeeCare is a testament to our commitment to setting new standards in healthcare. We aim to provide…
"The appointment of Kaizer as CEO of our industry association follows an extensive search for an exceptional…
"There are important learnings from this event. Firstly, forecasting is inherently flawed, and using predictions to guide decisions ahead of major events carries significant risk. Before the elections, many expected the ANC's support to dip below 50%, yet few predicted it would approach the 40% mark.,"…
“VC and PE are tried and tested models to provide aspiring entrepreneurs a ‘foot in the door’ and local…
"Today’s structured products offer individual investors the chance to achieve their financial goals by…
US FED Chairman Jerome Powell says that there is "ample room" to respond to a cooling US economy. The…
"Over time, even small initial investments can grow significantly due to the compounding of returns.…
"COVID-19 is far from over. The US reported an average of 1500 COVID-19 deaths a week for 2023 - comparable to fentanyl or firearm deaths. If this continues, our analysis suggests a potential scenario of elevated excess mortality extending over the next decade," says Paul Murray, CEO L&H Reinsurance…
"Faced with elevated natural catastrophe risks, economic uncertainty and geopolitical instability, reinsurance…
"Unlike economic inflation, there is no sign of social inflation abating. Litigation costs are rising…
"We understand that finding a surety or qualifying for a loan on your own can be challenging. To address this, we offer eligible students loans that do not require surety for certain courses at our partner institutions nationwide,” says Tshiamo Molanda, Head of Youth and Mass Market Clients at Standard…
“Get started with a very manageable, interest-free small credit facility that you can easily afford,…
"By cultivating a healthy, positive attitude toward personal finances, you're setting the foundation…
"We understand that finding a surety or qualifying for a loan on your own can be challenging. To address this, we offer eligible students loans that do not require surety for certain courses at our partner institutions nationwide,” says Tshiamo Molanda, Head of Youth and Mass Market Clients at Standard…
"After years of unrelenting financial pressure, our customers have had to become financially disciplined…
"These accolades from two iconic global news magazines demonstrate that our determined focus on delivering…
“The majority of leaders are aware of the advantages that AI can bring, especially when it comes to managing and overseeing large scale operations, and that really is half the battle. Our research makes it crystal clear that belief in its potential aren’t the inhibitors to AI adoption," says Kuljit Bawa,…
“As Santam, we remain confident in the Group’s prospects and the potential to deliver enhanced growth…
“There are various reasons that account for slow gender diversity at leadership level in the insurance…
"Through Hollard International (HINT), we have access to 10 markets on the continent. We also have global…
"Those Financial Services companies trying hard to attract, develop and retain female talent must synthesise…
"The Indaba is a networking powerhouse, bringing together governments, financiers, agribusinesses, and development agencies. It encourages partnerships that are focused on sustainability by promoting investment in technologies, regenerative agriculture, and food systems that are resilient to climate…
"We firmly deny the Centre for Actuarial Research's claim that Census 2022 figures should be treated…
"As a result, success at the French parliamentary elections could result in increased borrowing as tax…
"As at 30 June 2024, the FSCA has said it had approved a further 63 licence applications, bringing the number of licensed CASPs in South Africa to 138. The total number of applications received to date is 383, of which five have been declined," announced the Financial Services Conduct Authority (FSCA).
"While aggregate systemic risk scores increased slightly at year-end 2023, the interim GME analysis found…
“Comments received in response to the 2023 public consultation helped enhance the ICS design, which is now almost…
A key question when divorcing is the division of retirement benefits between spouses and navigating this aspect of your divorce can be complex. Salome Young, Senior Legal Counsel at Ninety One, shares her insights.
"Seed funding (10% of vested component to a maximum of R30 000) will be accessible from 1 September.…
With the new two-pot retirement system taking effect in six weeks, members of retirement funds should…
“I am very fortunate to have been mentored. Growing up, I didn’t know what the financial services industry entailed. I come from a family where many of the older women were domestic workers or predominantly employed in the informal sector. Yet here I am today with rich experiences thanks to educational…
Cornel Schoeman, Chief Operating Officer at GENRIC Insurance Company Limited unpacks some of the ways…
"Companies are increasingly adopting long-term, or "evergreen" share schemes that allow employees to…
"Interest rate risk and high breakeven levels combined with concerns that crop and livestock prices could weaken are holding back producer sentiment and making producers cautious about making large investments," says said James Mintert, the barometer's principal investigator and director of Purdue University's…
"Interest rate risk and high breakeven levels combined with concerns that crop and livestock prices could…
"For the first time since the first democratic elections in 1994, the results of the coming election…
"For the first time since the first democratic elections in 1994, the results of the coming election…
Schroders Quantitative Equity Product (QEP) team outline below some of the key themes for the year.
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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