The dynamics within the insurance industry has changed. Insurers are contemplating new ways of doing business and how to integrate technology within this ecosystem. Further, clients are looking at insurance and asking questions about value when weighing up what they are paying for with the products that they are working with.

Moody’s downgraded the outlook on South Africa’s credit rating from stable to negative to flag fiscal and economic risks. FAnews spoke to Sanisha Packirisamy, Economist at Momentum Investments and Reza Hendrickse, Portfolio Manager at PPS Investments, about the downgrade and what the likelihood of South Africa facing junk status is.