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The Ombudsman for Long-Term Insurance released their 2007 Annual Report at a function in Johannesburg recently. We’ve discussed the facts and figures in a previous article – and pause today to reflect on some of the insurance industry trends the Ombudsman
The South African Reserve Bank defines a recession “as at least two consecutive quarters of negative economic growth.” A slowdown, on the other hand, is a period where economic growth remains positive but contracts slightly. Dave Mohr, Citadel’s chief inv
Last week Friday a group of curators for various pension funds launched a civil claim of more than R1bn against Alexander Forbes. They are trying to recover money that was allegedly stolen by way of an elaborate pension surplus stripping scam often referr
While paging through the Ombudsman for Short-Term Insurance 2007 Annual Report the ‘case study’ section caught our attention. These summaries of real-life complaints decided by the Ombudsman give us an insight into the antics of insurers and insurance con
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?