The one positive of this, even if some of it is depressing, is that there'll be life on the other side, writes Adriaan Basson.
Both Sanlam and Santam have warned that the Covid-19 outbreak will impact growth prospects. However, both insurers say they are well capitalised to weather the storm.
Ian Kirk says 2019 was better than what he expected but 2020 will be tough and Sanlam will grow by taking customers from other insurers.
PSG Asset Management has reduced its interest in construction company Stefanutti Stocks from 8.9% to 3.89%, just weeks after Sanlam Investments, too, reduced its interest in the construction firm.
Staff members of the controversial Bosasa Youth Development Centres have waited months to be paid their provident funds which, to their relief, Sanlam are in the process of releasing.
Sanlam said the relationship it forged with Capitec in May 2018 continues to exceed its expectations, selling roughly 100 000 policies a month.
Patrice Rassou, former head of equities at Sanlam Investment Managers, has been appointed Chief Investment Officer at Asburton Investments, the asset management arm of FirstRand.
There has been mixed reaction from retirement funds since new default regulations affecting them came into effect, says the acting CEO of Sanlam Employee Benefits.
Big data can address some of the needs not being met by the retirement industry, says Barend le Grange, head of individual member support at Sanlam.
Some insurers are seemingly still not embracing ubuntu.
Amended policyholder protection rules for group insurance requires so much information that members will likely get overwhelmed, says an expert.
Motsepe followed the Oppenheimer and Rupert families, which donated R1 billion each to Covid-19 efforts in South Africa.
The insurer paid out R18.9 billion in gross claims - and over R800 million of this was for hail and frost-related crop insurance claims alone.
Go Cover is the world’s first on-demand accidental injury and death cover, providing instant peace of mind.
Irrespective of whether you’re attempting the Epic, or setting out on a recreational ride, mountain biking comes with myriad risks. That’s why it’s best for riders to have cover in place every time a ride is planned.
Over the holidays, many South Africans head home. Given the riskiness of our roads, one of the greatest gifts you can give a person who works for you is peace of mind.
This Women’s Month, some of Sanlam’s dynamic ladies share how they think corporates can support women having side gigs/side careers.
Don't look only at the cost of a retirement product at the expense of considering its value, says Viresh Maharaj, chief executive of Sanlam Corporate Sales and Marketing.
According to research by IBM, there are about 17 billion cyber-attack incidents daily, and the most attacked industry is financial services, because of the valuable data in its possession.
Market participants are acutely aware of the apparent fissures within the ANC, which may disrupt attempts at reform, says an economist at Sanlam Investments.
The retirement savings cost disclosure standard, which came into effect on March 1, aims to assist employers or trustees to compare retirement fund quotations.
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