FANews
FANews
RELATED CATEGORIES

Mutual & Federal announces an executive resignation

04 December 2013 Mutual & Federal
Raimund Snyders, CEO, Mutual & Federal

Raimund Snyders, CEO, Mutual & Federal

Mutual & Federal has announced the resignation of Edward Paul, Executive for Risk, Actuarial and Underwriting effective 1 March 2014. Paul, who has been with the short-term insurer for 10 years, is leaving to join Absa as Chief Risk Officer in the Wealth, Investment Management and Insurance division.

The Chief Executive Officer says, ‘Edward's extensive knowledge of the short-term industry has been valuable to us in the 10 years he has been with Mutual & Federal, 2,5years was served on the executive committee. Since joining, Edward has established a fully-fledged actuarial and pricing capability, embedded solid risk management and compliance practices in the business. He also ensured we are on track in managing our capital effectively, in line with Solvency Assessment and Management (SAM)'.

‘I would like to thank Edward for his contribution to Mutual & Federal, and the recruitment for his replacement will be initiated as soon as possible' concludes Snyders.  


 

 

Quick Polls

QUESTION

No developing economy has ever built a single-payer complementary NHI equivalent covering the entire population. NHI promises comprehensive care but it is also 100% free at the point-of-service. Is this practical?

ANSWER

It is doable but collaboration is key
South Africa is not in a position to build NHI
The only conclusion possible is that the private healthcare sector is not going to disappear or change
There is little chance that the NHI will be able to receive significant government funding
A E fanews magazine
FAnews August 2019 Get the latest issue of FAnews

This month's headlines

Create designer policies through AI
Are advisers in a precarious position?
A claim, COIDA and a dog bite
Non-disclosure never an innocent fraud
Prescribed assets: The threat to pensions
Cannabis and the issue of trust
Getting the most from disability claims
Subscribe now