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Many, many years ago, a contrarian fringe of commentators were punting peak oil as a viable scenario, warning that the world’s fossil fuel resources were depleting fast. Peak-oil evangelists said that the world was running out of cheap oil and that Brent crude would surge as high as USD200 per barrel.
If the South African government had its way it would be left alone to press its National Health Insurance (NHI) solution on the public over the coming 10, 20 or 30 years. Like a straining carthorse, the ruling African National Congress (ANC) has donned blinkers to shut out any signal that might stay its universal healthcare vision; but blinkers do not prevent events unfolding in the real world.
A new year, a new edition… and once again, the pace shows no signs of slowing. The insurance industry has carried its momentum straight into 2026, with a busy start that mirrors the way 2025 ended. Overall sentiment remains positive, despite some restructuring at certain companies. Encouragingly, several notable appointments have been made, reinforcing confidence in the sector’s resilience and future direction.
The New Year is an opportune time to take a temperature check of the economic and political events likely to affect your business over the coming year. For South African insurance and investment stakeholders, this means figuring out how economic growth, geopolitics, inflation, interest rates and local elections will affect your bottom line.
The strongest deterrent against FSP compliance missteps is or should be: