Hanjo Fourie | The impact of increasing water-related losses on farmers
"There are three key strategies that modern farmers typically evaluate during the decision-making process:…
“Our environment is marked by manifold challenges – value loss due to inflation, sluggish economic development, as well as sustainability agendas that are critically reviewed in some sectors and countries. At Allianz, we remain steadfast in our views and our ambitions," says Günther Thallinger, Member…
"There are three key strategies that modern farmers typically evaluate during the decision-making process:…
"The challenge clients face is while it may be economically more sensible to pay a claim versus engaging…
"South Africa lacks a reliable system for recording vehicle accident history, and less than 30% of vehicles…
"Given the increasing complexity and volatility of these risks, structuring an insurance programme that…
As the year moves into its twilight months, 2025 begins to loom over us, and the insurance industry is no exception. Driven by evolving customer needs, technological advances, and regulatory shifts, the upcoming year is set for some shaking up.
Assupol understands that the introduction of the two-pot system can be overwhelming and that is why they…
"Business Interruption cover should be integrated into a holistic approach to protect the business, recognising…
"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…
“While the treatments have remained consistent in terms of being the drivers of gap claims - cancer, circulatory and musculoskeletal conditions - what has changed significantly over the last five years is the treatment costs associated with these conditions, and the widening shortfalls not covered by…
"New-generation life insurers are focusing on creating tailored products to better address specific business…
"The role of technology and data are driving forces behind these trends. With technological advancements…
"The implication of not accessing professional advice is so serious for women because it limits their…
"We typically include checks for blood pressure, cholesterol, diabetes, and BMI, aiming to promote proactive…
"The first proposal entails the CIS being treated as fully tax transparent. Capital gains and losses would be allocated to Unit holders on a daily basis and reported to them on an annual basis. This would result in CISs not being subject to tax at all in respect of capital gains," says Professor Emil…
"We believe although fixed income markets are still positioned to deliver good real returns to investors,…
"The water footprint of datacentres is driven by both the water consumed for the electricity generation…
"Research has also shown that the more informed or experienced an individual is, the more confident they…
"Our analysis is also informed by interviews of key fund managers and development finance institutions…
"In 2024, Swiss Re strengthened the foundations of its business while focusing on disciplined underwriting and cost efficiency. In the current heightened risk environment, our increased resilience allows us to continue to provide peak risk capacity and risk knowledge to our clients while creating value…
"We can look back on a very successful 2024 financial year, in which we grew steadily and generated a…
"As the Chief Underwriting Officer for Corporate Solutions, Kera has been instrumental in improving costing…
"Considering that South Africa is home to about 3.3 million people with disabilities and about 200 000 elderly people with dementia, this is an issue that matters in our society. Planning for the needs of vulnerable heirs may call for skilful use of the assets you leave behind," says Advocate Sankie…
“Even in cases where business owners pass away having drafted wills, we start the deceased estate administration…
"We are proud of the positive impact Paymenow has on employees and their workplaces. This independent…
"The increasing complexity of data ecosystems and the rise of artificial intelligence (AI) and machine learning (ML) have massively transformed how organisations handle and use data. As a result, the role of the Chief Data Analytics Officer (CDAO) has also evolved - shifting from being purely technical…
"With its unique vulnerabilities, South Africa faces significant economic consequences without decisive…
"March is Human Rights Month in South Africa – a time to reflect on the freedoms that shape our society.…
“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 of R7.2 billion. In addition, Old Mutual has distributed cumulative…
"The current strong in-period performance across the Group, shows that we are well-positioned for a phase…
"We have had an important impact on the lives of thousands of South Africans by offering a vital safety…
"As businesses navigate an increasingly complex risk landscape, it is essential to broaden the focus…
"Our nine-month results confirm the continued strong momentum across all of Zurich’s businesses. In P&C,…
“We weighed up the policy trade-offs involved, including increases to corporate and personal income taxes. Increasing corporate or personal income tax rates would generate less revenue, while potentially harming investment, job creation and economic growth,” Minister of Finance Enoch Godongwana said…
“In 2024, the economy grew by only 0.6%. Over the medium term, GDP growth is projected to average 1.8%.…
"This update has added downward pressure to our forecast for 2025 inflation, as high-inflation items…
The Financial Sector Conduct Authority (FSCA) stated that it had also debarred Mr Peterson for a period of 5 years and Mrs Peterson for a period of 10 years following an investigation by the FSCA into complaints it received from their clients.
"As at 30 June 2024, the FSCA has said it had approved a further 63 licence applications, bringing the…
"While aggregate systemic risk scores increased slightly at year-end 2023, the interim GME analysis found…
"A good gap cover policy offers comprehensive cover that addresses various medical expenses not fully covered by traditional medical aid. This includes specialist consultations, hospital stays, and advanced treatments that may arise unexpectedly.," says Tony Singleton, CEO at Turnberry Management Risk…
"Temporary migrants can be defined as South Africans working outside of the Republic for more than 183…
"Retirement planning doesn’t have to be complicated, but it’s something that requires attention and consistent…
Municipal infrastructure in South Africa is under significant strain, as the country continues to face the dual challenge of ageing systems and a growing population, leaving local governments grappling with essential service delivery, especially in water, energy, and sanitation. While the outlook remains…
"Rather than attempting to be 'everything to everyone', successful managers focus on presenting a targeted…
"Treasury highlights elevated fiscal risks, including potentially lower revenue growth from economic…
"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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