Discovery profits of R2,8-billion

Health insurer Discovery Holdings has reported operating profits of almost R2,84-billion for the year to June and its normalised headline earnings per share increased by 31% to 365,8 cents a share according to a report published in Business Report. 1 Sep 2011 12:54

Alexander Forbes sells brokerage business

Alexander Forbes has agreed to sell its brokerage business to Marsh & McLennan, a professional services group in the United States according to an article published by Business Day. 1 Sep 2011 12:19

Former smokers overpaying for life insurance

An increasing number of smokers in South Africa have considered quitting the habit as a result of more stringent legislation governing smoking in public places as well as the increasing cost. However, if these same people have actually given up smoking up to one or two years ago they may be overpaying for their life insurance by failing to inform their provider of the change in their status. 24 Aug 2011 08:42

Stay on the right track when buying and insuring your bike

[Max Huggins] So, you love getting out on the open road and pushing your body to the limit as you tackle the steep inclines of the city's highways and byways? Or maybe you love the thrill of pitting your skills against nature as you navigate boulders, bushes and gloriously grubby mud puddles? Either way, if cycling's in your blood we know how much you love your bike and all the bits that go with it. 24 Aug 2011 06:31

Bonitas properties, assets to be sold

Bonitas, South Africa's second-largest open medical aid scheme, which was placed under curatorship after agreement was reached with the Council of Medical Schemes, is to sell its properties to free-up cash according to an article published in Business Report. 23 Aug 2011 14:36

Mohale Ralebitso to move to Old Mutual

Mohale Ralebitso, current managing executive, ABSA Private Bank, will join Old Mutual Emerging Markets (OMEM) from September 2011 as its marketing, communications and corporate affairs director. He takes over from Crispin Sonn, who was appointed as the MD of Old Mutual's Mass Foundation Cluster earlier this year. 8 Aug 2011 08:27

Liberty's client retention improves

According to Business Report, major local insurance group Liberty Holdings says that its retail insurance business is now in a strong position with retail sales increasing by 14% to R6,9 billion, having resolved its customer retention and management issues. 8 Aug 2011 06:52