Delayed property maintenance could void your insurance policy
"Your building, household and vehicle insurance will therefore exclude cover for damage or loss caused…
"The true economic loss of the Mthatha disaster, however, is not known yet. But one thing is for sure – it is going to be significant. The national government has since committed R5 billion towards rebuilding efforts across the Eastern Cape, but even that may not be enough, highlighting just how fragile…
"Your building, household and vehicle insurance will therefore exclude cover for damage or loss caused…
“When people connect with advice that understands their context - their struggles, aspirations, and cultural…
"South Africa faces mounting infrastructure challenges - from roads in disrepair to energy and logistics…
“The industry has the unenviable task of balancing premium rates with sustainable underwriting practices…
“This year, we wanted to create more space for focused, meaningful dialogue. The introduction of breakaway sessions allows delegates to tailor their learning journey while still coming together for the big plenary moments that connect us as an industry,” says Ms. Thokozile Mahlangu, CEO of conference…
"Before embarking on a trip, it is essential to ensure that the home is secured. Alarm systems should…
As the year moves into its twilight months, 2025 begins to loom over us, and the insurance industry is…
"We invest heavily in culture, talent development and creating an effective workforce. Our culture is a key differentiator that helps us attract and retain talent. I would describe it as inclusive, diverse, safe, caring, supportive, fun and client centric. We want our staff to feel inspired, appreciated…
"A good leader should set a vision for people, so that the employees feel part of something bigger than…
"I first joined Standard Bank in 1995 and have since then held several executive positions including…
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…
“I want to congratulate Prabashini on her well-deserved appointment. I am confident that Prabashini will bring the clarity, energy, and accountability needed to lead her team and create value across these business units," says Old Mutual Group CEO Jurie Strydom.
"Accident cover plays a critical role for individuals who need an affordable way to access quality care.…
"Millennials are carrying the weight of unsecured credit, rising living costs, and delayed asset acquisition…
“Behind every claim is a promise honoured. We exist to pay claims, but we do so responsibly, supported…
"At BrightRock, we've always believed life insurance should evolve with people's needs, because in life,…
"Around half of all secondary transactions every year since 2021 have been continuation fund deals, and by some estimates, the volume of these deals could reach into the hundreds of billions of dollars by the end of this decade and beyond," says Christiaan van der Kam, Head of Secondary Investments,…
"Progressive action is not an option, it is an imperative. Asset managers, insurers, and banks collectively…
"Even with the right rationale and trustees, trusts can fail if the founder lacks the right mindset.…
"Over the past year, high real interest rates in South Africa made cash a competitive option. Investors…
"This is the time to learn how to live within your means, avoid debt, and get creative about saving.…
Up to half a million people globally succumb to the effects of extreme heat each year, according to recent scientific research, exceeding the combined impact of floods, earthquakes and hurricanes. This places the observable increase of extreme heat events among the most important emerging risks, according…
"The first quarter of 2025 was marked by significant large loss events in our property and casualty businesses.…
"In addition to helping clients with traditional risk transfer, reinsurers also provide data, risk insights…
Saving money might seem like a daunting task, especially if you're aiming to achieve long-term goals such as buying a home, funding your children’s education, or retiring comfortably. However, much like building a house, Thomas Berry, Head of Sales at PSG Wealth believes that financial success isn’t…
“South Africans are showing resilience with purpose. They’re not simply reacting to pressure, they’re…
"Financial literacy among South African youth remains alarmingly low. A survey by 1Life Insurance revealed…
“Every cent counts for the people we serve. So, we make sure customers spend as little of their money as possible on banking fees, but still have access to all the solutions and services they need to manage their money well,” says Tshidi Russon-Sithebe, Head of Retail Banking Propositions at EasyPay…
"This upgrade acknowledges the work we have put in over the last few years and gives us further confidence…
"Running a successful retail business in a sector under pressure is not just about selling more of what…
“Kicking off with "Insuring Against Civil Unrests" on the 23rd of July, the timing couldn’t have been more perfect, especially as we note rising political tensions and strife across a number of African countries like Kenya, the Democratic Republic of Congo, Togo, Mali and Lybia. This 2-hour session will…
"Some of the key areas of non-compliance that were identified were; Know-Your-Cusomer (KYC) requirements…
“Many companies genuinely want to improve their ESG performance, but lack the systems and frameworks…
“South Africa is the most targeted country in Africa when it comes to infostealer and ransomware attacks.…
"This recovery of monies has helped individuals and families regain lost financial stability, reinforcing…
"Tourism's value extends far beyond hospitality – it’s about rebuilding communities, revitalising local economies, and creating scalable economic opportunities in precisely the regions hardest hit by the transition away from coal," noted Natalia Rosa, Project Lead for the SADC Tourism Alliance initiative…
“This base represents young people at various stages in their lives. The oldest among them being in the…
"Through working together in ways such as sharing data, harmonising laws, and holding those who enable…
"The decision underscores the importance of transparency and accountability in executive decision-making, particularly in matters of significant public interest such as the NHI," says Mtho Maphumulo, Partner in the Insurance and Financial Sector Practice, Adams & Adams.
"The Defendants' attempts to avoid liability were rejected as lacking credibility and contrary to the…
Mtho Maphumulo, Partner in the Insurance and Financial Sector Practice, Adams & Adams shares his insights…
"In the same way as buying a car involves choosing a type of vehicle and then deciding on a specific brand or model, investing entails selecting both the type of product and its underlying investment instruments i.e. the types of funds or asset groups in which you invest," says Linda Kleynscheldt, Head…
"There were several complaints against the fund and the lack of its response reflects a disregard of…
"The consumer portion of this year's study showed that respondents expected to retire comfortably at…
"At FNB we have made significant strides in building a data platform that collects data from close to 400 source systems, containing over 99% of what we deem to be key data, covering over ten million customers, billions of payments and receipts, trillions of Rands of advances, deposits, investments and…
"Conversations in Abidjan were not mere academic debates and blue-sky contemplations. They were urgent…
It’s an economic reality in South Africa that many people have to look after both their parents and their…
"In gas markets, Iran is a significant producer, but it is not major exporter of gas. Unlike the oil market, there is little or no spare capacity in global gas markets right now. The big players in the region are Qatar and the UAE whose combined exports comprise around 20% of global liquified natural…
"In gas markets, Iran is a significant producer, but it is not major exporter of gas. Unlike the oil…
"The escalation of the Middle East conflict, now involving fighting against Hezbollah in Southern Lebanon,…
"The escalation of the Middle East conflict, now involving fighting against Hezbollah in Southern Lebanon,…
"Interest rate risk and high breakeven levels combined with concerns that crop and livestock prices could…
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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