Life Insurance / General

The low-drawdown plus portfolio growth tonic

Living annuities are arguably the most popular product used to manage South African retirees’ post-retirement income requirements. Annuitants and their financial advisers love the flexibility of being able to select income drawdown levels annually and the ability to alter asset allocations through underlying funds; but this does not mean the products are without risk.

Future complications and potential claims

With ongoing health problems linked to the pandemic causing higher-than-normal mortality rates, what are the key mortality drivers that life insurers and reinsurers will be watching closely over the coming years?

Discovery Life making strides in closing the insurance gap

South Africa’s other big five

Cardiovascular disease is back as the leading cause of death and funeral claims amongst South Africans, based on Sanlam’s 2022 claims statistics.