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Life & Health Insurance

 

Life & Health Insurance / 10-09-21 / Staff Writer

Understanding the roles of the nominees in your will

Estate planning means making a plan for taking care of your nearest and dearest and dealing with everything you own and owe when you pass away.

Life & Health Insurance / 09-09-21 / Staff Writer

Sanlam reports strong 2021 interim results

Africa’s largest insurance company, Sanlam today reported strong interim financial results for the six months ended 30 June 2021. The Group said its performance reflected the strength of each of its businesses and underlined the Group’s continued…

Life & Health Insurance / 08-09-21 / Staff Writer

Life insurance: know what you signed up for

Let’s face it: many of us don’t understand the details and terms of our life insurance policies. Apart from the fact that you could be insuring the wrong risks, the bigger problem with not understanding your cover is that you could end up being…

Life & Health Insurance / 08-09-21 / Staff Writer

MMH results show record sales, highest ever death claims

Momentum Metropolitan Holdings has reported its financial year-end results today for the year ended 30 June 2021 (F2021), which it says was a year of extremes.

Life & Health Insurance / 25-08-21 / Staff Writer

The future of life insurance in a post-Covid world

Covid-19 has had ‘a significant impact’ on the life insurance industry, with sharp increases in retrenchment claims, death and funeral claims, and disability income claims for people booked off work for a few weeks after contracting the illness.

Life & Health Insurance / 18-08-21 / Staff Writer

FSCA: High funeral policy premium increases a concern

The Financial Sector Conduct Authority (FSCA) has today issued a statement noting with concern the high premium increases that are being implemented by insurers on funeral policies.

Life & Health Insurance / 17-08-21 / Staff Writer

Momentum expects profits to tank by up to 70%

Momentum Metropolitan today stated that it is in the process of finalising its results for the 12 months ended 30 June 2021 and expects its profits to dip by between 50% and 70%.

Life & Health Insurance / 12-08-21 / Staff Writer

Sanlam, MTN Group form strategic InsurTech alliance

Africa’s largest non-banking financial services group, Sanlam together with Africa’s largest telecommunications operator, MTN Group today announced a partnership which the two described as an exclusive strategic alliance (the Alliance) to distribute…

Life & Health Insurance / 21-07-21 / Staff Writer

SA’s best and worst life insurers, according to customer satisfaction index

The latest South African Customer Satisfaction Index (SA-csi) for Life Insurance (2020) conducted by Consulta through an in-depth survey of how satisfied customers are with their life insurers over the last year has revealed South Africa’s best…

Life & Health Insurance / 15-07-21 / Staff Writer

Standard Bank offers to buy 100% of Liberty Holdings

Standard Bank Group (“SBG”) is proposing to buy 100% of Liberty Holdings Limited (“Liberty”) and to integrate Liberty more closely into the greater group

Life & Health Insurance / 05-07-21 / Staff Writer

Liberty Holdings issues H1 2021 trading statement

Liberty Holdings today issued a statement announcing that it is in the process of compiling its results for the six-month period ended 30 June 2021.

Life & Health Insurance / 23-06-21 / Staff Writer

OM to unbundle its Nedbank stake worth R10bn

The board of directors (“Board”) of Old Mutual is pleased to announce that Old Mutual will, subject to obtaining all requisite regulatory approvals, including Prudential Authority approval, unbundle a portion of its shareholding (“Nedbank Stake”)…

Life & Health Insurance / 21-06-21 / Staff Writer

OM partners with Netcare to open vaccination centre

Old Mutual joined forces with leading healthcare provider Netcare to open a private vaccination centre at the insurer’s campus in Pinelands, Cape Town

Life & Health Insurance / 14-06-21 / Staff Writer

Sanlam to acquire parts of Alexander Forbes

Sanlam, Africa’s largest non-banking financial services group, today announced that it has reached an agreement to buy the group risk and retail life business of Alexander Forbes Life Limited (AF Life).