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Zurich acquires Ascent Underwriting Managers to support future growth

16 March 2015 | Bryte Insurance

Zurich Insurance Company South Africa, a subsidiary of the Zurich Insurance Group, today announced that it will acquire 100% ownership of Ascent Underwriting Managers Proprietary Limited.

Building on a culture of excellence to help brokers

16 March 2015 | Santam

We all know about the old proverb which says that if something isn’t broken, don’t fix it. This has proved to be sound advice over the years as leadership in major companies came and left and new leaders took over the mantle of companies which were in existence long before their appointment.

Mutual & Federal secures R1bn deal with ONE

13 March 2015 | Old Mutual Insure (was Mutual & Federal)

Mutual & Federal has secured a partnership with One Financial Services Holdings (Pty) Ltd (ONE) a leading short-term niche underwriter. The R1bn gross written premium deal was signed on 12 March 2015 by Andrew Harvey, Group CEO of ONE and Karen Miller, Executive for Corporate and Niche at Mutual & Federal and comes into effect on the 1st May 2015.

Discovery announces capital raise to purchase majority stake in credit card partnership and expansion of life protection business in the UK

10 March 2015 | Discovery

Discovery Limited today announced details of the Group’s intention to raise capital to the amount of R5 billion through a fully underwritten, renounceable rights issue. Proceeds of the rights issue will be used to fund growth in adjacent financial markets in South Africa, and to drive further growth in its high-potential protection business in the UK, VitalityLife.

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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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Growth in earnings and dividend and excellent return profile characterise FirstRand Interim Results Results

10 March 2015 | FirstRand

Hannover Re generates new record result

10 March 2015 | Hannover Re

Case Study: Intervate assists Santam to close the ‘intermediary’ gap with its Extranet Broker Portal

06 March 2015 | Santam

Sanlam sustains strong financial results

05 March 2015 | Sanlam

Compass acquires a shareholding in CIA

04 March 2015 | Compass

MMI delivering on strategy and investing in growth

04 March 2015 | Momentum Metropolitan Holdings

Morningstar Obtains FSB Licenses to Launch Investment Management Business in South Africa, Hires Victoria Reuvers

03 March 2015 | General

One Rand Man continues incredible journey – into educational sphere

02 March 2015 | Sanlam

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