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Unique insurance risks for High-Net-Worth South Africans

05 November 2018

According to the latest AfrAsia Bank South Africa Wealth Report, South Africa has the highest levels of total wealth and is home to 43 600 high-net-worth individuals (HNWI) – individuals who hold net assets of at least US$1 million. With a significant annual increase of 8%, these HNWI currently hold over 40% of total private wealth in the country.

Avoid a chemical reaction: commercial insurance considerations you can’t ignore

01 November 2018

If you work with chemicals, you understand the associated risks. But are you aware of your insurer’s requirements to keep your business covered?

Cyber risk ranked #1 for educational sector

30 October 2018

Cyber threats are no longer a rarity, they are expected. With recent ransomware attacks such as WannaCry and NotPetya, the potential theft or leakage of data, particularly confidential information in an educational setting, should be top of the list in risk planning.

Age is more than a number when it comes to your insurance

30 October 2018

New drivers applying for insurance for the first time are at a disadvantage when it comes to their age. According to Christelle Colman, Executive for Hi-Net-Worth Solutions at Old Mutual Insure, young drivers pay much higher premiums due to their risk profiles.

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

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