Dishonest policyholders on the rise

When you take out a short-term insurance policy, the responsibility lies with you to provide the insurer with all the necessary information so that it can correctly underwrite (assess and price) your risk.  (more…)

Read full story

Guardrisk Group ratings confirmed

International rating agency, Moody’s Investor Service, recently confirmed the ratings assigned to three companies in the Guardrisk Group, which is a subsidiary of JSE-listed MMI Holdings. (more…)

Read full story

‘Lack of financial knowledge is a threat to lasting change for students’

The introduction of free tertiary education has been hailed by many as an important step towards South Africa’s overall economic transformation. But low levels of financial literacy amongst students could represent a serious barrier towards achieving lasting change. (more…)

Read full story

Health insurance disappears for South Africans: FMF

By the Free Market Foundation The Free Market Foundation (FMF) is concerned that too few people are aware of and/or understand the implications of the demarcation regulations in the healthcare insurance market that came into effect from 1 April 2017 and which have a dramatic effect on how consumers pay for healthcare and the type […]

Read full story

What really goes into calculating your insurance premium

When the time comes to renew a client’s insurance policies, insurers are likely to alter monthly premiums based on a range of factors such as changes in the details of the insurance policy, anticipated claims inflation on the assets being insured, and changes in cover sums. (more…)

Read full story

Ashburton Investments partners with Fidelity International to enhance offshore multi asset range

Ashburton Investments, the asset management arm of the FirstRand Group, has entered into a strategic partnership with Fidelity International, a global asset manager with US$324bn assets under management.  (more…)

Read full story

Old Mutual Limited expected to list on the JSE  on 26 June 2018

Old Mutual Limited has made public its pre-listing statement, an important step towards its launch as an independently listed, leading financial services group.  It is expected that listing will take place on 26 June 2018 following receipt of the requisite approvals, including approval by the Old Mutual plc shareholders. Peter Moyo, OML CEO says, “We […]

Read full story

OSTI releases Annual Report

The Ombudsman for Short-Term Insurance (OSTI) has released its Annual Report on Operations for 2017. Key highlights for the year are that 9 962 complaints were resolved in an average turn-around time of 131 days with an amount of R87 101 354 recovered for consumers. (more…)

Read full story

President Ramaphosa: SA is creating an enabling environment for investment

  LONDON, United Kingdom, April 19, 2018/ — President Cyril Ramaphosa told investors and business leaders that South Africa is on the road to economic recovery as government is creating an enabling environment to boost investor confidence. (more…)

Read full story

Responsible investment: A set of principles, not a product

In an environment where listed companies are seeing massive share-price drops over claims of governance failures and health scares around the listeriosis outbreak, there is a growing awareness of a need for responsible investing – by individual and institutional investors. (more…)

Read full story