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Swiss Re confirms commitment to deliver long-term profitability and economic growth

08 December 2015 | Swiss Re

• Four-pillar strategic framework builds on current successful strategy, enabling Swiss Re to move to the next stage of its transformation to be an agile capital allocator in insurance and associated asset risks • Strategic framework centres on systematic and fast allocation of capital into new and existing risks, as well as broadening and diversifying Swiss Re's client reach and optimising resources • It allows Swiss Re to actively differentiate itself in the industry and better positions it to achieve its new financial targets and deliver sustainable, long-term shareholder value • From 2016 the company targets a 700 basis point return on equity above risk free, 10-year US government bonds, and to grow economic net worth per share by 10% per annum

Zurich Insurance South Africa and Lion of Africa Underwriting Management Company sign agreement to jointly serve the Corporate Insurance market

07 December 2015 | Bryte Insurance

Zurich Insurance Company South Africa Limited (“Zurich”) and Lion of Africa Underwriting Management Company Limited (“Lionsure UMA”) are pleased to announce that they have signed an agreement effective 1 January 2016.

Yellowtail’s Figlo advisor implemented at Alexander Forbes

07 December 2015 | Alexforbes (was Alexander Forbes)

Yellowtail Business Solutions announces its first South African Figlo project is live with diversified financial services group Alexander Forbes.

SMEs’ concerns over cybercrime have doubled

03 December 2015 | Bryte Insurance

Small and medium-sized enterprises (SMEs) around the world are making greater use of the internet and are therefore becoming more exposed to potential cyber risks threats. Zurich’s survey reveals: SMEs’ greatest fear is loss of customer data and damage to their reputation resulting from a cyber-attack. However, many still believe they are too small to be at risk.

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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

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