The SARB has forfeited to the state cash totalling R42m from Berdine Odendaal’s bank accounts, as well as her R18m property in Paarl’s Val de Vie estate.
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“Critics of the report fail to understand the findings. The report DOES NOT say legitimate investigations of wrongdoing is racist because it identified more black wrongdoers, it says, the med schemes have not […]
The Council for Medical Schemes (CMS) has just published its quarterly report for the period ended 30 September 2020. Tasked with monitoring the financial performance and soundness of medical schemes, the CMS publishes […]
The annual 10X Retirement Reality Report indicates that saving for retirement is effectively insurance against outliving working life. Although this is a valid argument, why does such a high percentage of respondents not […]
The Council for Medical Schemes (CMS) has just published its quarterly report for the period ended 31 March 2020. Tasked with monitoring the financial performance and soundness of medical schemes, the CMS publishes comparative figures […]
The annual SAPS crime statistics for the period April 2019 to March 2020 revealed an alarming increase (13%) in car hijackings – 18 162 cases that equates to 50 cars being stolen in South Africa every […]
In a case study shared in the recently published OSTI annual report, the issue to be determined was whether the insurer’s offer of settlement amounted to indemnification on the part of the insurer. […]
In a case study shared in the recently published OSTI annual report, the issue to be determined was whether the insurer’s offer of settlement amounted to indemnification on the part of the insurer. […]
The Ombudsman for Banking Services (OBS) published its annual report, showing an increase in calls received, but a decrease in actual complaints registered. Although the statistics for 2019 demonstrate a decrease in complaints, […]
“We received 11 915 written requests for assistance in 2019, which was an increase of 147 requests compared to the 11 768 in 2018,” Judge Ron McLaren, Ombudsman for Long-term Insurance notes in […]
According to the World Economic Forum’s Global Risks Report 2020, the top five global risks in terms of likelihood are all environmental. In the recent survey, respondents were asked to assess the likelihood […]
The Council for Medical Schemes (CMS) has just published its quarterly report for the period ended 30 September 2019. Tasked with monitoring the financial performance and soundness of medical schemes, the CMS publishes comparative figures […]
The ability to deliver a consistent level of service across all channels is an increasingly important competitive differentiator for financial services providers. This was one of the outcomes of a recent international study […]
The Office of the FAIS Ombud (“OFO”) released its Annual Report for the year 2018/2019 last week, providing a review of its performance over this period. During the financial year the OFO received […]
The Insurance Crime Bureau has just released its Annual Report which provides a comprehensive overview of the activities of Bureau, as well as a few interesting case studies. “Over the years, various initiatives […]
The Insurance Crime Bureau has just released its Annual Report which provides a comprehensive overview of the activities of Bureau, as well as a few interesting case studies. “Over the years, various initiatives […]
The Council for Medical Schemes (CMS) has just published its quarterly report for the period ended 30 June 2019. With the task to supervise a massive and very important industry comprising more than 80 medical […]
