Life insurers top R5 trillion as growth masks rising risk pressures

Strong market performance lifts assets to record highs, but lapses and protection gaps persist beneath the surface.

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ANC and its ministers reject reports of NHI ‘concessions’

Recent media reports over the future of NHI have been contradictory and hard to make sense of. Spotlight chased up those in a position to know where things stand – it seems the ANC has not made any major concessions on NHI. There is, however, agreement that medical schemes won’t be phased out in the next few years, something that likely wouldn’t have happened in any case given the poor state of the economy and the long timeline for NHI implementation.

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