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Home / Posts tagged “Insurance” / Page 3

Insurance

Videos

Video interview: New mutual insurer enters the market

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Key regulatory and compliance developments: looking back at 2024 and what’s ahead in 2025

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Issues around Budget 3.0 with tax specialist Louis Botha

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Allegations that Sanlam adviser forged signatures don’t stand up, Tribunal finds

It was a ‘material factor’ that the specimen signatures were in hard copy, whereas the disputed signatures were electronic.

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CrowdStrike sensor glitch: implications for cybersecurity and insurance

The CrowdStrike Falcon sensor update-induced global system crash could be the most significant cyber accumulation loss event since NotPetya in 2017.

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FSCA provides an update on progress with the move to COFI

The Authority’s latest three-year Regulation Plan does not specify by when the three-phase transition project will be completed.

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Authority highlights regulatory focus areas in 2024

FSCA pinpoints lack of oversight by KIs, FICA non-compliance, and unauthorised copy trading and funeral insurance business.

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Property fire claims: how business owners can protect their premises this winter

Paying for fire damage without insurance can be financially devastating for both individuals and businesses.

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Insurers push for trackers as theft of high-end vehicles surges

According to the latest SAPS crime statistics, there were 5 973 carjackings in the fourth quarter of 2023.

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SCA clarifies when an insurance policy is a joint one

The appeal court also confirms the principles relating to the link between a notifiable disease and causation in respect of business interruption policies.

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Sanlam to acquire majority stake in MultiChoice’s NMS Insurance Services

MultiChoice plans to use the up to R2.7 billion cash proceeds from the transaction for working capital purposes.

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Loadshedding: ‘It is going to be a tight winter’

Old Mutual Insure unpacks the impact of loadshedding on the insurance industry and the outlook for a stable electricity supply.

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Solar panel surge holds opportunities and risks for insurers

Old Mutual’s Clive Hogarth says insurers need to ask critical questions about the quality of installations.

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Dis-Chem agrees to buy 50% stake in insurer OneSpark

The acquisition is in line with the group’s strategy to develop a portfolio of health-centric financial services products.

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Weather-related catastrophes ‘signal a looming crisis’ for insurance market

Price increases will be necessary to fund the level of coverage policyholders have previously enjoyed, says Old Mutual Insure.

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Rising fire risks prompt urgent focus on insurance in the agri sector

A dispute over a R14 million claim underscores the importance of clear communication and thorough risk assessment in fire insurance agreements.

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Budget 2024: Advice is critical to helping consumers navigate financial pressures

Financial advisers can guide their clients on how to manage the knock-on effect of rising costs without compromising their long-term financial wellness.

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High Court rejects insurer’s ‘narrow interpretation’ of construction guarantee

If Hollard’s ‘contradictory’ interpretation were correct, it could never be held liable to make payment, says judge.

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SA insurers losing most renewable energy project premiums to offshore firms

Lenders require that at least of 85% of the insurance programme is placed with A-rated insurance markets, says brokerage.

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Critical infrastructure blackouts are SA corporates’ biggest worry

Cyber incidents are the top global business risk by a clear margin, but they rank second in South Africa, according to the latest Allianz Risk Barometer.

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