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Understanding the risks facing non-profit organisations and criminal abuse

30 July 2020 | General

In South Africa and across the world, non-profit organisations (NPOs) play a fundamental role in providing health, nutritional and other support to the under-privileged and under-resourced. Sometimes, however, these NPOs are vulnerable to being targeted by criminals for purposes of money laundering and/or terrorist financing.

Statement by the South African Insurance Association on interim relief for infectious disease claims

30 July 2020 | SAIA - South African Insurance Association

The South African Insurance Association (SAIA), the representative body of the non-life insurance sector, welcomes the understanding reached between certain non-life insurance companies, the Financial Sector Conduct Authority (FSCA) and the Prudential Authority (PA) on interim relief with respect to claims for business interruption cover on policies that have an infectious disease extension.

No business without Compliance and Risk Officers

28 July 2020 | General

There cannot be any doubt that the coronavirus disease of 2019 (Covid –19) has redefined the world in general and the work environment in particular.

SAIA Successfully Holds Annual General Meeting (AGM) 2020

28 July 2020 | SAIA - South African Insurance Association

At its first ever virtual Annual General Meeting (AGM) held on 23 July 2020, the South African Insurance Association (SAIA) successfully nominated a new SAIA Board of Directors composed of non-life insurance member companies, reinsurance companies and state-owned enterprise chief executives and managing directors.

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

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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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