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FIA welcomes greater transparency in short term insurance complaints resolution report

            Justus van Pletzen, CEO Financial Intermediaries Association of Southern Africa                 The Ombudsman for Short Term Insurance (OSTI) released its 2012 Annual Report ...
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Confidence among SA professionals hits 12-month high

Confidence levels among South Africa’s graduate professionals climbed to a 12-month high in the first quarter of the year, following a period of extended concern over the political climate, ongoing wildcat strikes and downgrades to the country’s sovereign credit rating. This is according ...
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Hollard and Etana: Doing things differently - Again

The Hollard Group, South Africa’s best-known independent insurance group, is to acquire the business and all remaining shareholding interests in Etana Insurance. The proposed transaction is subject to regulatory and Competition Commission approval. Etana is a leading provider of intermediated ...
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CEOs are looking to the finance function for more analytical insights to give them the competitive edge

CEOs are looking to the finance function to provide more forward looking analytical insights to give them the competitive edge in local, regional and international markets in the wake of the recent and continuing economic uncertainty and regulatory challenges. Organisations are increasingly placing ...
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Mutual & Federal upbeat about its data migration project

Mutual & Federal, a member of the old Mutual Group, has announced that its data migration project, which involves the transfer of customer and broker data from an out-of-date mainframe to a highly automated Tia system (a single insurance application package that supports all lines of business), ...
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Capital Adequacy Requirement:

The amount provided in addition to the liabilities determined by an actuary in respect of mortality and morbidity, in order to provide for random fluctuations in experience and adverse fluctuations or trends in any of the variables about which assumptions were made in the financial soundness basis of valuation.
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