Insurance & Actuarial South Africa

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OLTI collected R193.3m for insurance claim complainants in 2017

The Ombudsman for Long-term Insurance (OLTI) collected R193.3m for complainants amid the strain of staff losses, says Ombudsman, Ron McLaren, ahead of the release of the body's 2017 Annual Report.

16 May 2018

Natural catastrophes a top risk for engineering, construction, real estate businesses

Risks of storms, earthquakes and floods are a top concern for businesses...

15 May 2018

The difficulty of insuring a drone in South Africa

Your drone probably cost quite a bit of money and you want to insure it. But, insurers are making it impossible for you to do so. Why...?

By Jason Snyman 14 May 2018

Tanzania's new mining laws signal sweeping changes

Three new laws, enacted by the country's national assembly in July 2017 under a certificate of urgency, will have a profound impact on Tanzania's resources sector...

By Peter Leon 4 May 2018

Fairlady Santam Women of the Future 2018 Awards open for entries

Entries are open for Fairlady and Santam's Women of the Future 2018 Awards...

2 May 2018

Africa's growing healthcare insurance market

Rising levels of education, improving salaries and rapid urbanisation mean that health insurers and the private healthcare facilities they work with are commanding an increasing share of health services in Africa...

By Dustin Homer 17 Apr 2018

Mobile will change the face of insurance

Many insurers still rely on traditional methods to reach customers, despite a very competitive African market...

9 Apr 2018

New platform API simplifies launching digital insurance products

Technology company, Root has launched Root Insurance, a new platform API that enables software developers to rapidly prototype and launch digital insurance products into the SA market...

6 Apr 2018

Call for comment on amended insurance regulations

National Treasury on Friday published the draft amendments to the Regulations in terms of the Long-term Insurance (LTI) and Short-term Insurance (STI) Acts...

27 Mar 2018

LaunchLab invites entrepreneurs to pitch startup ideas

The Stellenbosch University LaunchLab is inviting entrepreneurs to pitch their startup business ideas in multiple industries and stand the chance to win incubation support to the value of R50,000...

23 Mar 2018

VAT poses headaches for short-term insurance industry

One of the most notable announcements in the 2018 Budget Speech was the increase of the VAT rate from 14% to 15%, effective 1 April 2018...

By Yusuf Bodiat 16 Mar 2018

Discovery offers aid in public health

Discovery CEO Adrian Gore says he would welcome the opportunity to partner with the government in scaling some of the insurer's healthcare innovations across the public sector, at no financial benefit...

22 Feb 2018

Banks and insurers under fire

The Competition Commission is gearing up to play hardball with banks and insurance companies, saying on Thursday that the days for talking were past and it had prioritised the financial services sector for "enforcement"...

By Hanna Ziady 19 Feb 2018

EmptyTrips launches SureFox cargo insurance

Launched today, SureFox Instant Cargo Insurance, powered by EmptyTrips, aims to make enterprise cargo insurance accessible online...

15 Feb 2018

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