SAIA says the term ‘write-off’ can have various interpretations, and each insurer uses its own criteria to determine whether a vehicle is uneconomical to repair.
There are concerns about the sustainability of private providers and whether the public will face higher costs to maintain their current level of healthcare.
The suspension of Global & Local’s licence relates to its relationship with BHI Trust, the FSCA confirms.
The High Court hears details of an elaborate fraud in which scammers cleaned out a bank account and bought cryptocurrency from a part-time trader.
As creditors await repayment totalling nearly R2bn, preliminary investigations by the joint trustees point to potential asset recoveries totalling just over R414 million.
The trustees advise ‘that a contribution will currently be levied against creditors until such time that sufficient recoveries are made for the benefit of creditors’.
The BHF’s canvassing of key policy issues in the public domain via a ‘deliberately leaked’ lawyer’s letter indicates the organisation ‘has run out of creative ideas’.
The regulator comes out swinging in its response to the Board of Healthcare Funders’ claims of bullying and curatorship abuse.
A number of high-severity ransomware incidents hit insurers’ books in 2023, Aon South Africa’s 2024 Insurance State of the Market Report says.
Life insurance payouts rose in 2023, while Covid-19 claims fell sharply, indicating the virus’s shift from pandemic to endemic status.
Despite Parliament’s commitment to prioritise the Road Accident Amendment Bill, there has been no further communication about the comments submitted on the draft legislation.
The FSCA reiterates that copy or mirror trading amounts to unlicensed discretionary FSP business.
The Authority warns key individuals not to associate their names with ODP operators without knowing how they are conducting their business.
The ASISA Foundation strives to empower individuals and communities to navigate financial complexities and make informed decisions.
The FSCA is still waiting for him to make good on the reduced fine of R20m imposed in December 2022 for insider trading.
Old Mutual provides context to the Molefi complaint, and how the group is planning to address the alleged non-payment.
Adrian Burke, ASISA’s newly appointed acting chief executive, shares his approach and objectives during his tenure at the organisation.
