How the independent financial adviser market fared in 2023
Insights from Ninety One on the sector’s investment flows, fee trends, and revenue growth.
Covid-19
What SA’s prolonged hard insurance market means for insurers, brokers, and clients
Advisers can offer clients invaluable insights and the tools they need to thrive, even in times of turbulence.
Old Mutual resolves disputes with staff fired over Covid vaccination policy
What, if anything, was decided about the legality of mandatory vaccinations in the workplace?
Insurers face pricing challenges amid uncertainty in death and disability claims
Discovery Employee Benefits reports on claim trends in its 2023 financial year.
CMS releases guidelines on medical scheme increases for 2024
Members must be protected from further financial distress and the risk of losing their health insurance, the regular says.
Latest claim statistics provide insights for financial advisers, says Old Mutual
Advisers can reference the data to guide consumers in making informed decisions about risk cover.
Sanlam Umbrella Fund expects group risk premiums to fall over the next two years
What is a fair long-term profit margin on group risk business?
Shift in Discovery Life claims as Covid moves from pandemic to endemic
The reduction in Covid-19-related death claims in 2022 was offset by increasing morbidity trends.
Why I’ve turned positive on the rand
Most of the bad news seems to be reflected in current market prices.
Organised crime and illicit trade are sucking billions out of the economy
The lockdowns provided illicit traders with a golden opportunity to expand their activities, report says.
Ruling on whether a Covid claim was excluded prior to the completion of underwriting
The Ombudsman for Long-term Insurance finds that the policy wording did not support what Old Mutual intended to achieve.
Sanlam notes uptick in sickness, disability claims among younger South Africans
The total value of claims in 2022 was 23% lower than in 2021, partially because of a marked decrease in Covid-related claims.
Liberty: cancer displaces Covid as leading cause of claims
Statistics indicate a rise in income protection claims resulting from diagnoses for mental and behavioural disorders.
High Court provides guidance on BI claims by multiple policyholders under one policy
AIG rejected claims by aviation companies whose operations at different premises were impacted by the lockdown and Covid-19.
Sanlam net results hit record high in 2022
But new business volumes from life insurance operations fall 10%.
Momentum’s interim profit jumps 46% as Covid becomes endemic
However, cash-strapped consumers are putting new business volumes under pressure.
Medical schemes want pathology groups to pay back ‘excessive charges’ for Covid-19 tests
Health Funders Association files a complaint with the Competition Commission
