Consumer price inflation increased by 3. 2% year-on-year as at the end of March 2021, which was greater than the 2. 9% year-on-year increase from the previous month. Inflation breached the lower end of the target band for only one month but has remained modest at the lower end of the band. There were ... Read More »
Technical excellence is a term that is often cited in insurance, and especially so in relation to AGCS’s international clients with their complex risk profiles. But while it is frequently used, what does it truly mean in this context? AGCS’ Chief Underwriting Officers, Renate Strasser and ... Read More »
In our first edition of the Ombudsman’s Briefcase for 2021 we take this opportunity to wish you a safe and prosperous year ahead. We face this year with a little more hope having emerged from a second wave of the coronavirus and with the COVID-19 vaccine being rolled-out. In this edition we look ... Read More »
All businesses with employees, customers and suppliers must comply with POPIA, which comes into effect on 1 July 2021. Here is a practical guide to the most important aspects
With the commencement date of the Protection of Personal Information Act 4 of 2013 (POPI) of 1 July 2021 fast approaching, ... Read More »
An insurance company owned by a parent company or a group of companies and writing its owner’s insurance. Captive insurers are formed where insurance is not obtainable from the conventional market or where a company wishes to put its insurance program into a tax effective vehicle which improves the overall profitability of the group.