Insurance Biz

Established in 2013, Insurance Biz is a subsidiary of New Africa Business News Services (NABNS), which is part of SAEN Media (Pty) Ltd. This specialized news platform is dedicated to providing updates and insights about the insurance sector within South Africa, Africa, and beyond. It serves as a valuable source of information for professionals in the financial field or anyone interested in the insurance market and the overall economy of the continent. The team behind the publication consists of experienced financial journalists who have contributed to prestigious global publications, specializing in economic, socio-political, humanitarian, and financial news coverage.

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Articles

Here are the topics for the 2024 AIE Conference

Apr 10, 2024 | insurancebiz.co.za | Kwanele Sibanda

28-03-24 / Kwanele Sibanda Johannesburg - The Insurance Institute of South Africa and the South African Insurance Association, hosts of the 2024 African Insurance Exchange, have revealed the line-up of topics for this year’s conference. Covering a diverse array of themes spanning the life and non-life industries, healthcare, ESG, and diversity, equality and inclusion, the programme promises something of interest for every professional in the insurance sector.
Wendy Myers | When to sell a stock

Apr 10, 2024 | insurancebiz.co.za | Wendy Myers

10-04-24 / Wendy Myers Warren Buffet’s favourite holding period for a stock is “forever”, but even he acknowledges there are valid reasons for selling a stock. Deciding when to sell a stock is something both professional and retail investors grapple with. In fact, it’s accepted wisdom that it is psychologically easier to buy a stock than to sell one. Fundamentally the two human emotions that influence investors when they are considering selling a stock are greed and fear.
Nine leadership questions for Kalim Rajab, MD, New National Assurance Company

Apr 9, 2024 | insurancebiz.co.za | Kwanele Sibanda

10-04-24 / Kwanele Sibanda I’ve been a generalist thusfar in my career, which always runs the risk of you floundering at some stage because of the absence of sufficient hard technical skills. I’ve tried to counter that possibility by always remaining curious to learn, and having solid frameworks within which to approach problem-solving or decision-making. I suppose my basic disciplines have been in finance and strategy.
Julian Davids joins Mazars Financial Services and Advisory to launch new division

Apr 9, 2024 | insurancebiz.co.za | Chris Smit

10-04-24 / Chris Smit Johannesburg - Respected industry regulatory specialist Julian Davids has joined Mazars Financial Services and Advisory (MFSA) in South Africa to spearhead the new Banking Risk and Regulatory Services division, launched to bolster the company's service offering beyond auditing and cater to the growing advisory demands from the country's burgeoning financial services and banking sector.
Climate change hits home: SAIA highlights the impact of climate-related catastrophes

Apr 9, 2024 | insurancebiz.co.za | Chris Smit

10-04-24 / Chris Smit Johannesburg - Climate-related catastrophes such as floods and storms continue to exert a significant toll on both consumers and society at large, greatly affecting South Africa’s socio-economic landscape.
47% of Discovery Insure drivers have hybrid working arrangements in place

Apr 9, 2024 | insurancebiz.co.za | Chris Smit

10-04-24 / Chris Smit Johannesburg - Hard lockdowns may feel like a lifetime ago but working from home (WFH) isn't going anywhere. This is according to Discovery Insure data released today, analysing the driving trends of Vitality Drive programme members, which reveals that 23% of its clients who began working from home during the Covid-19 pandemic are still not back in office full time.
Family Offices to secure generational wealth, Citadel Advisory

Apr 9, 2024 | insurancebiz.co.za | Chris Smit

10-04-24 / Chris Smit Cape Town - Not only a South African trend but a global one too, the Global Family Office Market Report and Forecast of 2023 estimates that the global family office market reached a value of US$87.18bn in 2022, and with a compound annual growth rate of 7.5% would reach a value of US$133.60bn by 2028.
Nine leadership questions for Besa Ruele, CEO, Hollard Life Solutions

Apr 2, 2024 | insurancebiz.co.za | Kwanele Sibanda

03-04-24 / Kwanele Sibanda After completing a BSc in Mathematics, I bumped into the actuarial profession through a chance meeting with one of the smartest actuaries I know. This gentleman convinced me to leave my dream of going into academia and join the profession instead. I then started my career as an actuarial student in his actuarial consulting firm, working across different sectors and eventually moving into a life office in 2007. I have been in the life insurance sector since. 1.
Buying or renting solar panels for your home? Here’s what you need to know

Apr 2, 2024 | insurancebiz.co.za | Chris Smit

03-04-24 / Chris Smit Johannesburg - The past year has seen a significant increase in the number of people looking to invest in solar technology for household use. However, despite the convenience, cost-saving and home upgrading potential that comes with renting or owning solar panels, it also comes with several risks.
Sanlam Investments' nomination in inaugural INN8 Invest Diamond Awards

Apr 2, 2024 | insurancebiz.co.za | Chris Smit

03-04-24 / Chris Smit Cape Town - Sanlam Investments has been nominated as the Best SA Multi Asset Income Manager in the inaugural INN8 Invest Diamond Awards, based on the outstanding performance of the ABSA Tactical Income Fund now in its' stable, managed by prolific Fixed Income Portfolio Manager, James Turp.