Although Eskom is the sole accountable party for the provision of electricity, businesses and commercial property owners fail to realise the possible liability that may arise from blackouts...
11 Dec 2014 11:48
Insurance companies have seen an increase in surge-related claims over the past five years, some paying out millions following recent load-shedding schedules...
11 Dec 2014 09:50
CEO of SAIA Barry Scott will be leaving SAIA at the end of November 2014. Scott will be joining the Fulcrum Group effective 1 December.
20 Nov 2014 07:21
The price of motor insurance could decrease once South Africa's motor insurers begin sharing data and implement a process of placing all driving records and policy details online...
17 Nov 2014 16:53
The staggeringly high case-load at the CCMA highlights the importance of having effective labour dispute insurance in place, says underwriting executive Simon Colman...
12 Nov 2014 10:54
Niche magazine title, RISKAFRICA, has expanded its focus to include risk managers amongst its broker and insurance industry readers, offering them news and practice insights from across sub-Saharan Africa's fastest emerging markets...
Issued by COSA Media 17 Oct 2014 11:45
A recent survey has indicated that 22% of Americans would buy a car with autonomous capabilities, 53% would consider buying such a car, while 25% said they would never consider a self-driving car.
16 Oct 2014 11:10
Short-term insurer Santam has consolidated its administration businesses under the Brolink brand from 1 October, with Santam remaining uninvolved in operations in order to ensure independence and parity across insurers.
2 Oct 2014 11:30
If insurance is not already on students' radar as a career choice, it should be. However, the mere word insurance makes people cringe when it is mentioned as a career pathway, but why?
23 Sep 2014 13:37
With the objective of enhancing professionalism within the industry, Camargue has launched a free online, IISA-accredited training initiative.
23 Sep 2014 10:00
Independent South African actuarial firms Arthur Els & Associates (AE&A) and Genesis Actuarial Solutions merged to form ARGEN Actuarial Solutions - two mid-tier specialist companies coming together to create one of the largest independent actuarial firms in Africa.
17 Sep 2014 08:22
The majority of the R8.5bn worth of vehicles annually stolen and hijacked in South Africa are taken across the border to neighbouring countries.
8 Sep 2014 13:48
Every so often, a new development emerges that sets out to revolutionise a particular industry. In this instance, it is an app that is proving to be a game changer when it comes to combating fraud within the insurance industry...
Issued by CustomApp 5 Sep 2014 11:14
Diversified life assurance and asset management group Sanlam lifted first-half headline earnings per share (HEPS) by 27% to 214.8c‚ the group announced.
5 Sep 2014 11:04
Medical aid cover could become far more expensive, Wits Professor and Health Economist Alex van den Heever warned at the Board of Healthcare Funders' conference in Durban.
29 Aug 2014 10:24
Insurance companies and intermediaries are bracing themselves for rapid, far-reaching regulatory changes that are due to be introduced in 2016.
25 Aug 2014 11:05
The CA(SA) is becoming a powerful vehicle for gender transformation in South Africa.
25 Aug 2014 10:39
Hollard Insurance Company and Telesure Investment Holdings, owner of Auto & General Insurance, 1st for Women Insurance, Budget Insurance and Dial Direct Insurance, have launched a pilot development programme for small motor body repairers (MBRs).
20 Aug 2014 10:11
The South African insurance sector is advised to approach the digitisation journey incrementally rather than as a radical business transformation.
20 Aug 2014 09:25
A tidal wave of data is drowning the enterprise. A terabyte, maybe two a few years ago, has grown to several petabytes for the larger entities and most cannot cope with the speed and velocity at which this data is coming at them. Moreover, the vast majority of the data is unstructured, meaning that some 80% of data isn't stored in manageable and easy-to-use databases.
14 Aug 2014 14:27
Government has no intention of nationaliseing people's pension (or provident) funds, or preventing them from accessing their money, says the Department of Basic Education.
By More Matshediso 14 Aug 2014 08:03
The short-term insurance industry in South Africa has performed at significantly lower levels compared to last year. This is according to the 17th annual KPMG Insurance Survey...
Issued by KPMG South Africa 12 Aug 2014 11:08
Financial services group Liberty Holdings grew its black economic empowerment (BEE) normalised headline earnings per share (HEPS) by 10% to 664.7c for the six months to June.
8 Aug 2014 11:55
As the market for insurance grew and price and cost pressures rose, insurers and intermediaries could no longer afford the luxury of so much face time with clients, which resulted in a need for critical risk-related insight.
7 Aug 2014 08:53
René Otto, CEO of MiWay, was recently awarded the 2014 COVER Excellence Award in the category Lifetime Contribution to the Short-term Insurance Industry.
6 Aug 2014 08:24