Big insurers brace for perilous future as climate risks escalate

2017-11-13 15:43

After one of the worst Atlantic hurricane seasons in history, the world’s biggest insurers say the industry needs to get its act together if it wants to survive climate change.

Sanlam partners with Bermuda-based insurer

2017-10-22 17:33

Financial services group Sanlam has partnered with Bermuda-based insurer Sompo Holdings Incorporated as part of the firm’s strategy to expand into Africa.

LifeQ takes guesswork out of risk

2017-10-08 06:00

Local science and technology company is taking the guesswork out of insurance health risk assessments by developing non-invasive body monitoring devices.

Insurers must understand customer buying decisions

2017-10-03 18:41

Lifestyle is the primary influencer in money management decisions, followed by security in second place and creating wealth as third priority, a survey shows.

Insurance sector’s creditworthiness pressured – Moody’s

2017-09-17 17:30

Deteriorating profitability and asset risks will continue to add pressure on insurer’s creditworthiness, says ratings agency Moody’s which assigned a negative outlook to the industry.

Knysna fires, Cape storm devastating to insurance sector - Santam

2017-08-31 19:39

With damage of close to R3bn, the Knysna fires and Cape storm earlier this year have probably been the worst disasters ever to hit South Africa’s insurance industry, says Santam.

An app for safer roads, rewards responsible drivers

2017-08-17 13:02

Another insurance company plans to inspire South African drivers to be safer on roads by launching an app which rewards responsible drivers.

Taking the ‘eina’ out of insurance

2017-07-28 13:20

Founder of King Price, Gideon Galloway, explains how he took on the monopolists of the South African insurance space to offer a vehicle insurance product with decreasing premiums.

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.


Investec still sees room for growth in SA, adds life insurance cover to offering

2017-11-10 11:52

Investec has launched its life cover product which is aimed at attracting upper income clients with several tailored products to suit professionals, high net worth individuals and entrepreneurs.

Business loss from storms could top R500m - expert

2017-10-11 18:10

Losses to businesses due to damages from this week's devastating storms in KZN could conservatively amount to between R400m and R500m, according to an insurance expert.

Severe weather – time for insurers to adapt to winds of change

2017-10-05 08:10

Insurance companies have seen a dramatic increase in claims as properties and businesses are damaged by an increasing number of fires, storms and floods.

Knysna fire victims seek damages after insurance shock

2017-09-18 19:01

Knysna residents whose homes were lost or damaged in devastating fires in June have turned to lawyers after finding out they were underinsured.

BrightRock shares achievements, celebrates Sanlam deal

2017-09-07 19:29

Needs-matched life insurance company BrightRock has achieved 62% growth year-on-year in new business annualised premium income during its financial year.

‘Judge me by my results’ - Hollard CEO

2017-08-27 06:00

CEO says to lead successfully, you should always employ people that are better than you, smarter than you and more experienced than you.

Vehicle insurance: Who’s the regular driver of your car and why it matters

2017-08-11 09:45

Does your spouse, parent or child drive your vehicle? We explain the 'regular driver' issue when it comes to car insurance and everything else you need to know.

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.

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