Discovery gets global recognition for its Vitality model

2017-06-29 09:51

Discovery has been recognised by nonprofit consulting firm FSG’s Share Value Initiative as a leader in creating shared value in the insurance industry.

Alexander Forbes chair Sello Moloko steps down

2017-06-13 11:27

Alexander Forbes has announced executive changes following the release of the company’s annual results.

MMI, African Bank partner to expand fin services

2017-06-12 15:41

MMI Holdings announced a new partnership with African Bank which will see both entities expanding their service offerings for their client base.

Insurers pitch in to cover Cape disaster costs

2017-06-11 13:47

Several insurers have started processing claims for the damage caused by the Cape storm and Knysna fires, this is in addition to the corporates which have set up funds to aid those in need.

#KnysnaFire and storm threaten outlook for insurers

2017-06-08 14:15

Property and casualty insurers face an even tougher year than expected after Cape Town experienced its worst storm in 30 years and dozens of fires engulfed Knysna.

'Gupta clause' in financial bill worries DA

2017-05-29 19:27

The DA said it is concerned about the reinsertion of a so-called "Gupta clause" in the Twin Peaks Bill that will allow the Financial Sector Conduct Authority to set standards for the closing of bank accounts.

Car insurance: Why you need a dashcam in SA

2017-05-23 09:29

Road rage, irresponsible driving, 'crash for cash' scams… with the ability to capture poor road behaviour, should dashcams play a bigger role in the SA car insurance industry?

New reporting standards for insurers may impact shareholders

2017-05-18 17:58

Newly introduced financial reporting standards for life insurers may impact shareholders.

Here's how negligent drivers leave road users liable for damages

2017-05-16 14:32

'Responsible drivers could find themselves having to pay damages, even in cases where others had caused the collision', says legal advisor Johannes du Plessis.

How social media can get you into trouble with your insurer

2017-05-12 06:00

In the UK a woman was jailed for using Facebook when she caused a car accident. A legal expert shares how a case like this would be handled in South Africa.


Car insurance: Crash claims rise in US states that legalize marijuana

2017-06-22 07:40

A study by the US Highway Loss Data Institute found a 2.7% increase crash claims in the first three states to legalize marijuana for recreational use when compared with neighboring states.

Cost of Cape storm, Knysna fires likely billions more than R4bn - chamber

2017-06-12 22:03

The costs of last week’s huge storm in the Cape and devastating fires in the Knysna area are estimated to be between R3bn and R4bn, but it will likely be billions more, warns a business chamber.

London stake sale boosts Alexander Forbes' profit

2017-06-12 14:47

The sale of Alexander Forbes Group’s 60% stake in UK-based Lane Clark & Peacock has boosted its bottom line for the year.

Banks, big business give millions for Knysna fire victims

2017-06-09 10:23

Two of South Africa's big four banks have contributed a total R20m towards relief efforts for victims of the devastating fires in the Southern Cape.

Under R100m recovered for insurance policyholders

2017-06-01 17:21

The Ombudsman of Short-Term Insurance recovered just under R100m for policyholders during 2016, with the bulk of cases related to motor vehicle insurance.

Why you should consider disability cover

2017-05-24 15:18

What would happen if you were disabled and could no longer work? How would you and your family survive? By taking out the right insurance policy, you can lay those worries to rest.

Lion of Africa Insurance improves credit rating

2017-05-19 14:44

Over the past few months Lion of Africa Insurance has embarked on a journey to improve its credit rating.

'No-claims bonuses cost the insurance industry, puts consumers at risk'

2017-05-18 11:47

"The ‘no-claims bonus’ may put many consumers at risk because they do not fully understand the implications of not claiming from their insurer," says Chris Barry from commercial insurer HCV. .

Old Mutual responds to spike in complaints

2017-05-14 12:04

Old Mutual responds to the latest long-term insurance ombudsman report which revealed that most of the complaints received by the office were related to the company.

Problem with debit order for roadside assistance

2017-05-09 17:28

A Fin24 user is unhappy because his monthly roadside assistance payment has been deducted on the wrong date.

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