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Insurance lessons for actuaries from the 2017 catastrophes

28 November 2017 | General

While South African short-term insurers and their reinsurers are tallying the hefty catastrophe losses for 2017, actuaries are analysing the various events for deeper insights into catastrophe risk with the aim of improving associated risk models.

Homeowners warned about insurance implications of drought

28 November 2017 | General

With a number of provinces in South Africa still facing extreme drought conditions, it is important for all homeowners to be aware of the impact of the drought on their home and therefore their insurance. There are a number of areas of the home that can be impacted by water restrictions, including water pipes, swimming pools and gardens.

What does the auto dealer of the future look like?

28 November 2017 | Motor

The way we buy goods has changed dramatically in the last few years, and it’s only going to continue to evolve. Think about it, people really enjoy, and in some cases even rely, on the convenience of using the internet to make purchases of products like clothing and food. You can trust that they’re going to expand their horizons at some point, eventually employing the online space for big commitment purchases, like vehicles. The industry is not fully there yet in that regard, but it is well on its way.

Understanding the patterns behind vehicle theft

27 November 2017 | Motor

Undoubtedly, the high rate of vehicle theft in South Africa is a cause for concern. Understanding the patterns at play, and acting accordingly, is essential if one is to be effective and proactive, and avoid becoming another vehicle crime statistic.

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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