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Riot insurance cover to soar by up to 1736%

19 January 2022

The cost of insuring a heavy commercial vehicle (HCV) against loss or damage due to civil commotion, riots, strikes and terrorism could soar by as much as 1736% as South Africa’s special risks insurer sets about rebuilding its balance sheet after a horrific 2021. This according to Sasria SOC Limited’s 2022 rate renewal schedule, which is likely to go ahead from 1 February 2022 with minimal changes to those published early this year.

Onus of proof on a balance of probability

07 December 2021

We summed up some case studies from the Ombudsman for Short Term Insurance’s (OSTI) briefcase, which we thought would be interesting for our readers

Regulation 28, 29, 30: The nth Amendment

16 November 2021

Local retirement fund members are breathing a collective sigh of relief as prescribed asset sabre-rattling is dropped in favour of a more sensible, voluntary infrastructure investment policy. National Treasury is spearheading changes to Regulation 28 of the Pension Funds Act to encourage allocators of capital to invest more in domestic infrastructure assets.

Finally, local equity is lekker again

14 October 2021

Equities that fall into the South Africa Inc basket have made a staggering recovery since the bottom of the pandemic crisis, with banks, retailers and resource shares gaining favour over the likes technology favourites. “Owning South Africa Inc and resources was the place to be since the pandemic lows, which meant that local became lekker again,” said Rehana Khan, portfolio manager for Ninety One Equity Fund. She was commenting during the fund’s recent domestic and global equity outlook presentation.

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

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

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Two buckets to help your clients with financial bailouts

24 August 2021

On lockdown, unrest and insurance

04 August 2021

Five regulatory discussion points for brokers to keep an eye on

06 July 2021

Financial advice a game changer in battle for preservation

25 June 2021

A decade perfecting behaviour-based insurance

02 June 2021

Sense from nonsense: Seeking the illusive truth in motor claims

18 May 2021

Anxiety cost your clients R100 million in 2020

29 April 2021

The onus of proving a claim under lockdown

07 April 2021

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