ARTICLES RELATING TO MOMENTUM

Momentum/Ganas insurance case prompts Ombud to ask for govt intervention

2019-05-31 16:46

The Momentum/Ganas case, which caused public outcry when the insurer refused to pay out a claim, has prompted the Ombudsman for Long-Term Insurance to recommend government intervention.

Group disability insurance about much more than the premium price, expert warns

2019-05-04 13:02

Group disability insurance in South Africa is highly commoditised. As such, purchasing decisions are often largely driven by price, says an expert.

Momentum Corporate CEO to step down

2019-02-13 08:22

MMI Holdings has announced that Thinus Alsworth-Elvey, the chief executive of Momentum Corporate, has tendered his resignation.

Momentum panic: How to ensure your insurance covers you

2018-11-24 15:28

Following Momentum's policy change after the death of policy holder Nathan Ganas, here are some tips from insurance experts to ensure you're adequately covered.

Momentum reviewing 3 years of rejected claims after death benefit about-turn

2018-11-22 06:45

Momentum is so far reviewing life insurance claims dating back to 2016, which it had rejected due to non-disclosure.

What Momentum's about-turn means for clients

2018-11-21 08:39

Momentum on Tuesday evening announced that it would be paying out a death benefit to the widow of its slain policy holder Nathan Ganas.

Momentum CEO: This is why we were right to reject the R2.4m life policy claim

2018-11-20 11:51

Momentum Life CEO Johann le Roux says that, based on the outrage following the insurance company's rejection of a R2.4m payout, it is clear that the public is not as informed as they would have hoped.

Momentum sticks to its guns despite outrage over R2.4m life policy claim

2018-11-19 13:10

Momentum is sticking to its guns despite outrage over its rejection of a R2.4m life insurance payout for a Durban man who was shot dead, but allegedly did not disclose that he had high blood sugar.

3 tips for investing in a recession

2018-09-24 14:33

There’s really nothing technical about a recession and investors should stick to the basics to protect their investment momentum, suggests an expert.

EXCLUSIVE: Another blow for CSA as Proteas Women lose major sponsorship

2018-09-05 15:48

Cricket South Africa (CSA) has received another major blow with the news that the Proteas Women's team has lost its title sponsor.

 

Momentum pays out millions to families of murdered policy holders

2019-05-23 17:09

Momentum said on Thursday that it had since paid out millions of rands to families of murdered policy holders whose claims were initially rejected.

SA households lost almost R450bn in wealth in 2018 - report

2019-04-24 19:59

SA households saw a total of R449.8bn of wealth wiped out between in 2018, according to the latest Momentum Unisa Household Wealth Report.

Momentum and the Nathan Ganas claim – the 'other side'

2018-11-27 08:50

Notwithstanding the fact that Eusebius McKaiser’s attitude and treatment of the Momentum CEO Hillie Meyer was an absolute disgrace, his knowledge of the bigger picture and handling of the situation displayed serious professional shortcomings.

How the Ganas story got Momentum

2018-11-22 16:27

Mandy Wiener unpacks the anatomy of a PR crisis.

Treasury official hails Momentum policy change, vows industry standards will be reviewed

2018-11-21 11:06

After expressing disappointment in the way Momentum had handled a life insurance claim of a client, Treasury Deputy Director General Ismail Momoniat has welcomed the insurer's decision to change its policy stance.

Momentum to pay out death benefit to widow of slain policy holder

2018-11-20 18:40

Momentum announced on Tuesday afternoon that it would pay out the death benefit to the widow of a slain policy holder.

Momentum confirms it will reimburse family's premiums, but not pay out policy

2018-11-19 18:27

Financial services and insurance group Momentum says it will reimburse the life insurance premium of a Durban man whose policy payout it rejected on the basis that he failed to disclose an existing health condition.

SA households' net wealth increases despite economic recession - report

2018-10-27 10:24

The purchasing power of households’ net wealth increased by R60.2bn over the period from the end of the first quarter of 2018 to the end of the second quarter.

Fearmongering over recession won't do any good - Madonsela

2018-09-07 13:55

South Africa must choose hope over fear and not play the blame game, former Public Protector Thuli Madonsela has said.

Nearly three-quarters of SA households 'financially unwell' - study

2018-08-14 12:43

Research by Momentum and Unisa shows that 73.5% of SA households were financially unwell in 2017.

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