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Home / Posts tagged “#insuranceindustry”

#insuranceindustry

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Budget: Key changes for taxpayers and investors

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Budget: Key changes for taxpayers and investors

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Key compliance issues for FSPs in 2025/26

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Sanlam’s business engines: a look at the group’s 2025 performance

A breakdown of the results shows how the group’s main business clusters performed as it continues repositioning for growth across South Africa, Africa, and India.

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Sanlam share dips after results despite strong operating growth

Sanlam reported record new business volumes and strong client inflows in 2025, but several weaker headline indicators drew investor attention following the results release.

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Why Sanlam’s headline earnings fell despite strong business growth

Currency movements, bond market distortions, reinsurance losses, and strategic investment spending combined to weigh on Sanlam’s reported results.

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Geopolitical conflict raises questions about war exclusions in insurance policies

Businesses and travellers should review how war exclusions, sanctions clauses, and territorial limits may affect cover, says PSG.

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Santam underwriting surge lifts profitability well above targets

Lower weather-related claims and disciplined pricing helped lift underwriting profitability in 2025, pushing margins above the insurer’s long-term target range.

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Discovery posts strong interim results as bank turns profitable

Discovery Bank reports a 28% growth in clients, with nearly 70% of new customers coming from outside the group’s existing membership.

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Last call for accessible FAIS-aligned entry qualifications at MBSE

With applications closing on 15 June, MBSE’s FETC NQF 4 programmes offer a final chance to secure recognised FAIS credits before more restrictive replacements take effect.

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Under fire: the risks reshaping short-term insurance in SA

Interconnected hazards are altering claims patterns and capital pressures for insurers – shifting priorities for brokers and corporate risk teams, says PSG Insure.

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Huge shortfall in critical illness protection leaves most income earners exposed

ASISA’s research shows formally employed South Africans face a major liquidity risk: R4 trillion in earnings versus only R1.1 trillion in critical illness cover.

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Momentum doubles down on IFAs – advice at the heart of its impact strategy

CEO Jeanette Marais says Momentum will ‘invest aggressively in advice’ in its effort to strengthen VNB and long-term competitiveness.

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FSCA probes complaint processes amid surprisingly low filing rates

A survey shows that only 8% of consumers lodged complaints with financial institutions between 2021 and 2023. Does this figure reflect genuine satisfaction or signal barriers in the complaint process?

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Life insurers pay a record R639 billion in 2024

Sales of recurring-premium savings policies continued to improve, while lapses of risk policies declined.

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How the VAT increase will impact insurers and policyholders

Insurers must absorb additional compliance expenses and rework their pricing strategies, with no corresponding revenue gain.

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Old Mutual chief executive to take early retirement

Following 32 years with Old Mutual and nearly five as CEO, Iain Williamson is stepping down in August.

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Rising risks and rewards: the shift to asset-intensive reinsurance in the insurance sector

As insurers increasingly turn to alternative assets and cross-border reinsurance, industry experts highlight the growing complexities and risks.

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Top achievers share insights on excelling in short-term insurance qualification

Top achievers in the Higher Certificate in Short-Term Insurance (HCSTI) qualification exams, credit the qualification with deepening their industry knowledge and advancing their careers.

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Global Insurance Capital Standard gets the nod

After years of meticulous development, the International Association of Insurance Supervisors is shifting its focus to the next big challenge: rolling out the Insurance Capital Standard on a global scale.

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Trading platform Banxso is placed in final liquidation
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  • VAT decision highlights constitutional defects across tax Acts
  • FIC invites comment on proposed risk and compliance returns
  • Sanlam’s business engines: a look at the group’s 2025 performance
  • Sanlam share dips after results despite strong operating growth
  • Steinhoff fraud cases: fourth conviction secured in South Africa
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