Instant EFT – Payment option can lead to online crime
Last Friday consumers took to online shops to benefit from the Black Friday deals. With the approach of the holiday season even more consumers will make use of online shopping in order to […]
Industry News
Online learning – What are the benefits?
The world of education has changed dramatically over the last year, with the distinctive rise of e-learning or online learning. But even before the pandemic and lockdown restrictions, there was a global growth […]
Online learning – What are the benefits?
The world of education has changed dramatically over the last year, with the distinctive rise of e-learning or online learning. But even before the pandemic and lockdown restrictions, there was a global growth […]
Intestate Succession Act – Who is the parent in the true sense of the word?
A parent does not, in the strictest sense of the word, need to be the blood and biological parent of a child to inherit if the child dies intestate. This, Timeslive reports, was […]
Intestate Succession Act – Who is the parent in the true sense of the word?
A parent does not, in the strictest sense of the word, need to be the blood and biological parent of a child to inherit if the child dies intestate. This, Timeslive reports, was […]
Business Interruption Claims – Black Friday of a different kind for Insurers
Guardrisk and Santam found themselves at the wrong end of the outcomes in two Cape High Court cases last week. On Tuesday, a full bench of the court ruled that Santam was liable […]
Santam to appeal BIC judgment – Proposes joint appeal with Guardrisk
Following the Cape High Court finding that Santam was liable to pay qualifying policyholders under the Business Interruption clause related to contagious diseases, the biggest insurer indicated on Friday that it would appeal […]
SA’s Short-Term insurance industry – Rise in niche risk solutions amidst COVID uncertainty
Before the COVID-19 pandemic, the South African Short-Term Insurance market was on a strong growth trajectory, increasing by a solid 4.3% in insurance premium volumes, between 2018 and 2019. However, similar to the […]
Santam loses Business Insurance case – Helpers out, round number two?
On 17 November, the Cape High Court delivered a rather damning blow to the insurance giant’s hope of escaping liability under the business interruption clause, specifically as it relates to losses resulting from […]
Post-Covid world – How to achieve investment goals
In times of crisis, staying focused on the bigger picture is critical. “We too often see investors obsess over fund performance numbers. Yet, there seems to be little cognisance of the fact that, […]
Post-Covid world – How to achieve investment goals
In times of crisis, staying focused on the bigger picture is critical. “We too often see investors obsess over fund performance numbers. Yet, there seems to be little cognisance of the fact that, […]
FIC Webinars – Four opportunities to obtain a better understanding
The Financial Intelligence Centre (FIC), South Africa’s national centre for the receipt of financial data, analysis and dissemination of financial intelligence to the competent authorities, will be hosting various insightful webinars in November: […]
FIC Webinars – Four opportunities to obtain a better understanding
The Financial Intelligence Centre (FIC), South Africa’s national centre for the receipt of financial data, analysis and dissemination of financial intelligence to the competent authorities, will be hosting various insightful webinars in November: […]
Blow to cheaper primary health care – Discovery prevented from expanding approved services
Cheaper primary health insurance plans, which offer less cover than traditional medical scheme packages, require an exemption from the Medical Schemes Act by the CMS. In a recent ruling by the appeal board […]
Business Insurance Update – Three important court cases concluded next week
South African short-term insurers and their clients are awaiting two very important outcomes next week: the Supreme Court of Appeal judgment in the Café Chameleon case involving Guardrisk, and the Ma- Afrika case […]
Staff movements at FSCA
The Financial Sector Conduct Authority (FSCA) recently announced the following changes: ● The appointed of Mr Olano Makhubela to perform the functions of the Commissioner of the Financial Sector Conduct Authority (FSCA) for […]
Risk aversion in retirees during uncertain times
The key findings of Just SA’s latest tracking study Retirement Insights 2020 reveal the knock in confidence suffered by South African retirees and pre-retirees as a result of COVID-19, which has altered their […]
