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NNAC's 'A' rating re-affirmed for 2016/17 year

04 July 2016

GCR have reaffirmed NNAC’s “A” rating with a ‘stable’ outlook, for the 2016/2017 year.

NNAC have stated that despite the challenging economic climate, this rating consolidates their position at the top-end of their peer group, and reaffirms their credentials as the largest empowered short-term insurer in South Africa.

NNAC further stated that their company is built on partnerships – “We only grow and enhance ourselves when you do; never in isolation. This rating, then, is a testament to your continued hardwork and loyalty in walking the road with us.”

Quick Polls

QUESTION

Financial behaviour experts suggest that today’s risk modelling methodologies ignore your client’s emotional ability / behavioural capacity. What are your thoughts on spicing up risk profiling tools to make allowance for your client’s financial behaviours

ANSWER

[a] Bring it on; my client’s make too many irrational financial decisions
[b] Existing risk profiling tools are adequate
[c] Risk profiling tools should be based on the model / rational client
[d] The perfect risk profiling tool is science fiction
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