“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…
"Some of the key areas of non-compliance that were identified were; Know-Your-Cusomer (KYC) requirements for failure to properly identify and verify customers, Record-Keeping requirements for inadequate record-keeping and suspicious transaction…
“Many companies genuinely want to improve their ESG performance, but lack the systems and frameworks to produce consistent, verifiable data. Without strong internal structures, even the best intentions can result in shallow reporting or misleading…
“South Africa is the most targeted country in Africa when it comes to infostealer and ransomware attacks. Being at the forefront of the continent’s digital transformation and having a relatively strong economy, puts South Africa in the crosshairs…
"This recovery of monies has helped individuals and families regain lost financial stability, reinforcing the institution's role as a guardian of justice in financial services. The NFO has continued to solidify its role as a pillar in the South…
"The scale and sophistication of financial crime have expanded dramatically in recent years. Digitalisation, while bringing numerous benefits to consumers and businesses alike, has also created a wealth of opportunities for fraudsters.," says…
Insights from KLA, in partnership with YouGov Profiles, reveal how Gen Z's expectations are reshaping the financial services industry, with implications for banks and financial brands seeking to earn their trust and long-term loyalty.
“Our participation is more than a sponsorship. It is a strategic opportunity to showcase the strength and capabilities of Africa’s leaders. It is also an opportunity to leverage this historic moment and reaffirm Sanlam’s purpose, which is to…
"This excellent set of results was achieved because every business in the Group’s diversified portfolio of businesses performed well. It was largely driven by management interventions to improve persistency and enhance the new business mix.…
“Since the primary listing of Old Mutual on the JSE in 2018, the Group has returned a staggering R89 billion to shareholders. This included a special dividend of R4.9 billion, Nedbank unbundling of R49.5 billion, and cumulative share buybacks…
"The current strong in-period performance across the Group, shows that we are well-positioned for a phase of scaled organic growth, with focused execution through our newly formed global composite, Vitality, and our domestic business, Discovery…
"We have had an important impact on the lives of thousands of South Africans by offering a vital safety net and recourse mechanism following any form of maladministration, disputes with the financial service providers or a significant financial…
"As businesses navigate an increasingly complex risk landscape, it is essential to broaden the focus beyond economic risks. 2024 is on track to be the warmest year on record, and so the escalating impacts of climate change must not be ignored.,"…
"Our nine-month results confirm the continued strong momentum across all of Zurich’s businesses. In P&C, margins in Commercial Insurance continue to be favorable, and performance in Retail is improving. We are on track to exceed all current…
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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