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Insurers’ profit bonanza little more than a post-crisis clawback

Insurers’ profit bonanza little more than a post-crisis clawback

20 October 2022 | Featured Story

The first reaction when comparing South Africa’s life and non-life insurers’ 2021 performance to 2020 is to uncork the champers and celebrate the apparent profit bonanza, but on a more reasoned assessment one would have to leave the bubbly on ice and accept the surge in headline numbers as little more than a gradual return to pre-pandemic levels. This is especially true for the non-life insurers included in The South African Insurance Industry Survey 2022, published recently by KPMG. The survey analysed the results of 34 non-life insurers, 19 life insurers and 4 reinsurers.

Client centricity, climate change, cyber & digitalisation ‘top of mind’ for financial intermediaries

Client centricity, climate change, cyber & digitalisation ‘top of mind’ for financial intermediaries

07 October 2022 | Straight Talk

The power of face-to-face networking was on naked display at the 2022 Financial Intermediaries Association of Southern Africa (FIA) Advice Summit, with around 500 intermediaries reconnecting with one another and interacting with the investment and life and non-life insurance brands that supported the event. The fast-paced programme comprised of almost a dozen 20-minute presentations in which financial product providers expanded on some of the key themes relevant to the financial service sector, and more specifically intermediaries. It turns out that client centricity, climate change, cyber and digitalisation are top of mind among brokers, financial advisers and the product providers they transact through.

What’s inside… FAnews Magazine October 2022

What’s inside… FAnews Magazine October 2022

04 October 2022 | The Stage

FAnews is celebrating 25 years of making a difference in the insurance and financial services industry. What started off as an eight-page newsletter, and then transformed into a magazine (in a short space of time), is now a business we are so incredibly proud of. With a few initiatives over the years, in the form of our website, daily (relevant and topical) newsletters, our FAnews (online and print) and FAnuus (the Afrikaans version of the publication, which was last published in 2019) publications, The Insurance Apprentice competition, our Continuing Professional Development (CPD) platform (with more than 26 000 people registered on it), and our innovative way on how we constantly do things and add value to/for our advertisers and the insurance industry, as a whole, has made us the most read and most recognised source of high quality and reliable content.

UK RDR… challenges still exist and legislation still ongoing

UK RDR… challenges still exist and legislation still ongoing

27 September 2022 | Straight Talk

Ten years post the Retail Distribution Review (RDR) in the UK, has it moved the dial? While more advisers may be correctly qualified; practice and advice models don’t seem to have shifted. What are the lessons that South Africa can learn?

quick poll
Question

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

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The ESG metamorphosis is just beginning

The ESG metamorphosis is just beginning

26 September 2022 | Featured Story
Wait-and-see regulator strands 1000s of medical aid members

Wait-and-see regulator strands 1000s of medical aid members

09 September 2022 | The Stage
The medical scheme liquidation dilemma

The medical scheme liquidation dilemma

26 August 2022 | Straight Talk
What’s inside… FAnews Magazine August 2022

What’s inside… FAnews Magazine August 2022

16 August 2022 | The Stage
The dominant regulatory theme of our times

The dominant regulatory theme of our times

15 August 2022 | Straight Talk
Rampant crime… Such rot does not develop overnight

Rampant crime… Such rot does not develop overnight

12 August 2022 | The Stage
Moving the conversation from product to advice

Moving the conversation from product to advice

01 August 2022 | Featured Story
Forget strength… Give me power is SA’s new rallying cry

Forget strength… Give me power is SA’s new rallying cry

29 July 2022 | The Stage