Old Mutual Unit Trust Managers off the hook for R1.7 billion claim arising from Fidentia scandal.
Read moreThe Actuarial Society of South Africa (ASSA) has released research suggesting that National Treasury’s “two-bucket” proposal, which will allow retirement fund members to access a portion of their retirement benefits for emergencies, will […]
The South African Special Risk Insurance Association (Sasria) has once again assured claimants that it has sufficient reserves, including through its reinsurers, to meet all valid claims arising from the unrest that rocked […]
The South African Special Risk Insurance Association (Sasria) has once again assured claimants that it has sufficient reserves, including through its reinsurers, to meet all valid claims arising from the unrest that rocked […]
National Treasury has published draft regulations that will make the provision of a benchmark a financial service that will regulated and supervised by the FSCA. “The integrity of benchmarks is critical for the […]
National Treasury has published draft regulations that will make the provision of a benchmark a financial service that will regulated and supervised by the FSCA. “The integrity of benchmarks is critical for the […]
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 […]
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 […]
Last year, the insurance industry staggered under the impact of Covid-19. Life assurers had to fork out billions in death claims, and non-life insurers were caught unawares when the courts ruled against them […]
Last year, the insurance industry staggered under the impact of Covid-19. Life assurers had to fork out billions in death claims, and non-life insurers were caught unawares when the courts ruled against them […]
“Financial Technology (FinTech) has become an increasingly popular phenomenon, with people familiarising themselves with crypto-currencies such as Bitcoin, SAFcoin and many others. The main issue with all these currencies is that they operate […]
The South African National Treasury announced on Friday that it has made “substantial” progress on the national health insurance (NHI) Bill consultation in key areas and have reached agreement on most of the […]
In December 2016, National Treasury (NT) with the support of the Financial Services Board (FSB) published, for public comment, proposed amendments to the Regulations made under the Long-term Insurance Act, 1998 (“LTIA”) and […]
The National Treasury (NT) and Financial Services Board (FSB) requested public comment for the proposed amendments to Insurance Binder Regulations issued under the Short-term and Long-term Insurance Acts published in Government Gazette No. […]
The proposals by National Treasury to find a solution to what it regards as a threat to medical schemes did not find favour with all in the industry. An article in the Financial […]
National Treasury (“NT”) released the Second Draft Demarcation Regulations for further public comment at the end of April. These Regulations specify which types of health insurance policies are permissible under the Long-term Insurance […]
The information below is taken from a media release issued on the National Treasury website. National Treasury announced on Tuesday that the Insurance Laws Amendment Bill, 2013, which was tabled in Parliament on […]
