RAF tells medical schemes regulator to butt out of its dispute with Discovery Health
The fund says there is an ‘unholy alliance’ between the Council for Medical Schemes and the administrator to ‘misinform’ medical scheme members.
Industry News
Taiwan – a country preparing for a possible war
With 12 038km between South Africa and Taiwan, the East Asia island’s woes as it prepares for a possible invasion by mainland China might seem far removed. However, should their ‘non-provocative’ cross-strait policy fail, the fallout will shake the world.
More asset manager consolidation ‘is inevitable’
Mergers and acquisitions will increase because the country’s low savings rate and stagnant economy cannot support the number of fund managers.
‘The free lunch from guarantees may come at a hefty cost’
Investors should remember that the price of the guarantee is not only in the return they lock in, but also in the future returns they give up by being out of equity markets.
Sanlam research delves into South Africans’ level of financial confidence
Most experience stress when managing their day-to-day personal finances.
Parametric-based business interruption cover proffered for SA’s ‘next pandemic’
Parametric insurance has traditionally focused on safeguarding against extreme weather events. Can it provide a solution for other threats?
How customer experience and social media are set to drive the short-term insurance industry
Old Mutual Insure’s Antonia Oakes shares her insights on the emergence of the ‘want it now’ culture and the evolution of the ‘experience economy’.
Momentum Metropolitan buys RMI Investment Managers from OUTsurance
The transaction will give MMH higher indirect shares in several boutique asset managers, including Truffle and Perpetua.
Why I’ve increased the duration of my interest-bearing investments
The yields on three-to-five-year US and SA bonds are offering exceptional opportunities from a risk/return point of view.
Hard-pressed consumers dip into unit trust investments in second quarter
But reinvestments exceed net outflows, leaving the local collective investment schemes industry with an effective net inflow of R16bn.
It’s all systems go for Sanlam and Allianz’s pan-African joint venture
The merger of their African operations will create an insurance giant with a combined group equity value of about R35bn.
ConCourt will hear Coronation’s application for leave to appeal against R716m tax ruling
The outcome of the case could have far-reaching tax implications for SA companies with offshore operations.
Peter Moyo loses final legal battle against Old Mutual
Constitutional Court refuses the former chief executive’s application for leave to appeal in his claim for R250m in damages.
‘Unparalleled’ co-operation is needed to exit FATF grey-list
The Commissioner of the FSCA shares his thoughts on South Africa’s battle against money laundering and the road to regaining international trust.
Underwriting actions are bearing fruit, says Santam
Interim profit from conventional insurance almost doubles despite significant claims for fires, floods in the Western Cape, and earthquakes in Türkiye.
GIBS publishes anti-corruption guide for companies
The working guide proposes 38 central principles that a company can incorporate into an anti-corruption policy.
