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Life insurance members of the Association for Savings and Investment South Africa (ASISA) settled 94.1% of death claims under individual life, credit life, funeral, and universal life policies in 2025, paying beneficiaries R44.2 billion in benefits.
In the face of the global market sell-off in the first quarter of this year, triggered by geopolitical turmoil in the Middle East, the local Collective Investment Schemes (CIS) industry displayed remarkable resilience, reporting only a slight drop in assets under management and healthy net inflows for the three months to 31 March 2026.
Buoyed by strong stock market performance, assets managed by South Africa’s long-term insurance industry exceeded R5 trillion for the first time in 2025.
The South African hedge fund industry concluded 2025 with assets under management of R216 billion (excluding fund of funds), a 17% increase from R185 billion at the end of 2024.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?