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What’s inside… FAnews Magazine April 2024

08 April 2024 | The Stage

As an industry, one of the most important topics of concern revolves around the climate change crisis and its implications, particularly the looming risk of certain regions becoming uninsurable. Climate change is affecting the insurance industry. As the climate continues to shift, insurers face increased financial risks from claims payouts. It is becoming evident that certain risks stemming from climate change are surpassing the capabilities of insurers. The question is, how can we, as an industry, address this challenge? How do we navigate discussions with our clients on this issue? What role do we play in tackling climate change and how can we enhance resilience throughout organisations’ value chains?

The elevator pitch: How to read the room and other avoidable faux pas

05 April 2024 | Straight Talk

There are many ways to deliver a perfect, persuasive elevator pitch and just as many to mess it up. Get the pitch right, and the sky is the limit; botch it, and your aspirations, dreams and hopes plummet down the elevator shaft at 9.8 metres per second or so.

Millions here, millions there as Steinhoff saga goes other-worldly

22 March 2024 | The Stage

The big financial services story from this week started with the 19 March 2024 announcement by South Africa’s Financial Sector Conduct Authority (FSCA) of a R475 million administrative penalty against Marcus Jooste for “making or publishing false or misleading or deceptive statements” relating to Steinhoff International Holdings Ltd (Steinhoff) and Steinhoff International Holdings NV (Steinhoff International), and ended two days later, with news that Jooste had taken his life.

Is this a $1.3 trillion Ponzi scheme, or are bitcoin investors finally moon-bound?

08 March 2024 | The Stage

At US$67 000,00 per coin, Bitcoin (BTC) is once again the talk of the town, having briefly topped its previous all-time high by trading at US$69 210,00. Last night, sitting at the dinner table, my family grilled me on ‘what the hell investors were getting in exchange for over R1.25 million per coin’ while my LinkedIn stream served up a survey that simply required a yes or no response to the question: “Is Bitcoin a Ponzi?” Neither question is easy to answer, so let us begin with the easier of the two. NB, this article is provided for educational and entertainment purposes only and should not be considered financial advice; please consult a qualified advisor before making any investment decisions.

quick poll

Question

Do you think short-term insurance broking will survive the AI plus humanoid robotics age?

Answer

Human first always Not a chance Possibly maybe Yes, but reimagined

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Dynamic brokers will be rewarded

26 February 2024 | Featured Story

Why the GFECRA raid is little more than putting lipstick on a pig

23 February 2024 | Straight Talk

What’s inside… FAnews Magazine February 2024

12 February 2024 | The Stage

AI aces human creativity; advice professionals next in line?

10 February 2024 | Straight Talk

Promising signs of softer insurance | reinsurance markets

05 February 2024 | Featured Story

Bad bosses be saying: get your ass back in the office

26 January 2024 | The Stage

Natural catastrophe losses expose protection gap

18 January 2024 | Straight Talk

Brokers at risk

15 January 2024 | Featured Story

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