Big jump in risk policy purchases while lapses fall
More South Africans are realising the value of life cover, with purchases of risk policies up significantly in the first six months of this year, while there has been a marked reduction in […]
MediCheck claims win as Discovery Health writes off up to R170m in ATB recoveries
Discovery Health has abandoned recovery action against more than 16 500 members, agreeing to absorb up to R170 million in overpaid ATB claims after sustained pressure from MediCheck,
Big jump in risk policy purchases while lapses fall
More South Africans are realising the value of life cover, with purchases of risk policies up significantly in the first six months of this year, while there has been a marked reduction in […]
Threats and opportunities in changing insurance landscape
A dominant theme in this year’s Santam Insurance Barometer is how the rapid adoption of technology is changing the insurance landscape, and insurers and intermediaries need to be aware of the potential opportunities […]
Threats and opportunities in changing insurance landscape
A dominant theme in this year’s Santam Insurance Barometer is how the rapid adoption of technology is changing the insurance landscape, and insurers and intermediaries need to be aware of the potential opportunities […]
Online registration portal for losses due to civil unrest
The government has launched an online portal for businesses hit by the riots and looting in KwaZulu-Natal and Gauteng to report their losses. National Treasury deputy director-general Ismail Momoniat told the Money Show […]
Online registration portal for losses due to civil unrest
The government has launched an online portal for businesses hit by the riots and looting in KwaZulu-Natal and Gauteng to report their losses. National Treasury deputy director-general Ismail Momoniat told the Money Show […]
Update on Sasria claims
National Treasury has reiterated that the government will ensure that Sasria can meet its claims obligations. Treasury deputy director-general Ismail Momoniat told the Money Show on Tuesday: “Right from the start, the president […]
Update on Sasria claims
National Treasury has reiterated that the government will ensure that Sasria can meet its claims obligations. Treasury deputy director-general Ismail Momoniat told the Money Show on Tuesday: “Right from the start, the president […]
Transgression of employment contract not grounds for debarment
Misconduct in terms of an employer’s code of conduct and governance framework are not necessarily grounds for debarring a representative, the Financial Sector Tribunal ruled this month. In the matter that came before […]
Transgression of employment contract not grounds for debarment
Misconduct in terms of an employer’s code of conduct and governance framework are not necessarily grounds for debarring a representative, the Financial Sector Tribunal ruled this month. In the matter that came before […]
Do intermediaries still add value?
Our main story in last week’s Moonstone Monitor was on what the latest Santam Insurance Barometer has to say about the changing role of intermediaries. Andrew Coutts, Santam’s head of Intermediated Business, emphasised […]
Do intermediaries still add value?
Our main story in last week’s Moonstone Monitor was on what the latest Santam Insurance Barometer has to say about the changing role of intermediaries. Andrew Coutts, Santam’s head of Intermediated Business, emphasised […]
Are great expectations by HNW investors misplaced?
High-net-worth South African investors are hugely optimistic about what their investments will return over the next five years, expecting an average annual return of 15.2% during this period, an increase of 2.5% since […]
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 […]
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 […]
FSCA versus Viceroy – Round number 0ne
The FSCA publicly announced its enforcement order against Viceroy on 8 September, but it told journalists that it had informed Viceroy of its decision the previous week, which meant the clock had already […]
Verification of client’s beneficial ownership is an essential element of FIC compliance
Financial Service Providers (FSPs) play a crucial gate keeping role through which entry to financial markets can be accessed. Unfortunately, criminals are aware of this access point, and seek to exploit vulnerabilities of […]
