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* Underwriting profit of R235.8m (2003: R127.7m) * Growth in gross written premiums was marginally up - R3 191m
One of the most talked about issues in South Africa over the last few years has certainly been the booming consumption side of the economy and the impact this has had on general economic prosperity.
Neels van Schaik at Alphen Asset Management, says that the crux is that business cycles do exist in all their glory, which has a profound impact on profitability, job creation and prosperity in general.
A story receiving a lot of attention is the sale of 15% of Telkom by Thintana to a consortium which includes the company's previous regulator, Andile Ngcaba, and a senior member of government, Smuts Ngonyama.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?