Ruling on Old Mutual’s application to appeal R1.7bn Living Hands judgment
Outcome will have significant implications for the financial services industry.
Industry News
Conduit Capital selling life and health insurance business so it can stay afloat
Liquidation of Constantia Insurance Company has affected the group’s ancillary insurance businesses.
UK set to introduce deregulation in financial services
Government uses opportunity provided by Brexit to ‘cut red tape’ and ‘turbocharge growth.
How Sanlam has fared over the past 10 months
Tough claims environment weighs on short-term insurance business
Short-term insurer OUTsurance lists on the JSE
Final chapter in RMI’s transition from an investor in a portfolio of financial services businesses.
Is ‘long Covid’ the result of people electing to vaccinate?
If you look at readers’ comments on Monday’s article, many think it is.
Higher death rate among younger, upper-income earners – Discovery data
Another trend is the marked increase in death claims due to heart conditions and cancer.
Sanlam, Absa asset management transaction concluded
It creates a black-owned investment manager with more than R1 trillion in assets under management.
Is the independent financial advice market ‘an endangered species’?
Data from Ninety One provides an insight into the industry’s demographics and financial performance.
Big five life insurers’ death claims against fully underwritten policies returning to pre-Covid levels
Only 15% of the death claims received by the five insurers between March 2020 and August 2022 were due to confirmed Covid deaths.
Become a financial planning expert with MBSE’s Postgraduate Diploma in Financial Planning
This qualification is newly approved as an accredited qualification by the Financial Planning Institute of Southern Africa.
Santam introduces exclusions for losses following loadshedding and other electricity grid interruptions
No doubt, other insurers will soon follow suit.
Where unit trust investors are putting their money
Assets under management by local collective investment schemes once again surpass R3 trillion.
SA’s pension system slips further down the global rankings
Lack of coverage and poor preservation remain the major shortcomings.
Set yourself up for a career in short-term insurance with MBSE’s Higher Certificate
The qualification fulfils the qualification requirement for obtaining the Insurance Licentiate (LIISA) designation.
Old Mutual to ‘re-enter’ retail banking space in 2024
The group unbundled its majority stake in Nedbank in 2018.
Old Mutual life insurance sales continue to recover
Decline in mortality claims and lower client disinvestments and terminations.
