Explore the Category

2016: The insurance industry at a glance

17 March 2016 | Old Mutual Insure (was Mutual & Federal)

The start of the year has been rocky to say the least. A number of factors have all contributed to the current, somewhat negative overall sentiment, including a dreary global and local economic outlook, increasing consumer pressures, a severe drought which is threatening food security, protest action in the educational sector, increasing regulation and a volatile political landscape. These challenges have, of course, all impacted on both consumers and the insurance sector alike.

Sanlam Private Wealth launches charitable trust

16 March 2016 | Sanlam

Sanlam Private Wealth has launched the Hands of Goodwill Trust, a humanitarian initiative in collaboration with clients who wish to give back to society and contribute to worthy causes. Funded by way of donations, the Trust will provide an independently audited charitable vehicle for Sanlam Private Wealth clients and members of the public who seek to do their bit to help build a South Africa that is free of poverty and inequality.

Swiss Re proposes an 8.2% increase in the regular dividend to CHF 4.60 and a CHF 1.0 billion share buy-back programme

16 March 2016 | Swiss Re

•The Board of Directors proposes an 8.2% increase in regular dividend to CHF 4.60 per share •Authorisation for public share buy-back programme of up to CHF 1.0 billion purchase value requested •Sir Paul Tucker put forward for election as new member of the Board of Directors •Mathis Cabiallavetta, Hans Ulrich Maerki and Jean-Pierre Roth to step down from the Board of Directors •2015 EVM income of USD 3.7 billion, economic net worth USD 37.4 billion •Swiss Re reports economic net worth growth for 2011–2015 of 9.6%, almost achieving its 10% group financial target

MMI embraces external innovation through new Exponential unit

15 March 2016 | Momentum Metropolitan Holdings

JSE listed insurance based financial services group, MMI Holdings Limited (MMI), announced today that it has created Exponential, a business unit to focus on potentially disruptive innovation opportunities around financial wellness globally and domestically in South Africa.

quick poll

Question

Are financial advisers ready for the combined impact of COFI and AI?

Answer

Yes, fully prepared and already adapting Somewhat prepared, but still facing implementation challenges Not yet prepared, more time and support needed Unsure / still assessing the impact

View the Results