Secondary

Author Archive | Mark Bechard

Increased public interest in wills

Increased public interest in wills

Santam Trust says it is seeing an increased demand for wills among demographics that, traditionally, have not been interested in estate planning. Its experience confirms the results of a study by Brand Atlas that 44% of economically active South Africans have either amended or created wills in the past 18 months. The study, released in […]

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Rabobank on Chinese clampdown

Rabobank on Chinese clampdown

It’s not surprising that South African investors are concerned about the Communist Party of China’s clampdown on vast swathes of the economy. Thanks to Naspers’s and Prosus’s investments in Tencent, about one-fifth of the JSE’s market capitalisation is in Chinese tech, and it is estimated that an additional one-third of the local market’s capitalisation has […]

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Sasria on its current state of liquidity

Sasria on its current state of liquidity

Technically insolvent Sasria will “soon” announce premium increases for commercial clients as part of measures to restore the state-owned entity to financial health, Sasria managing director Cedric Masondo told Parliament’s Select Committee on Finance on 7 September. In her presentation to the committee, Sasria’s financial director, Bajabulile Mthiyane, painted a bleak picture of the extent […]

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What do clients want from their intermediaries

What do clients want from their intermediaries?

Insurance intermediaries need to move away from “a product-push approach towards a more client-centric product build approach”, Andrew Coutts, the head of intermediated business at Santam, said in the insurer’s 2021 Barometer. This, he said, was backed up by Santam’s research, which showed that the top three reasons commercial entities gave for using an intermediary […]

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