10th Allianz survey: Business interruption, Pandemic outbreak and Cyber incidents are the top three business risks for 2021 – all strongly interlinked. Cyber incidents, Business interruption and Pandemic outlook are the top three business risks in South Africa.
Pandemic outbreak rockets ... Read More »
Insurance Gateway is thrilled to introduce our brand new electronic newspaper. The final product is available as both a mobile and desktop application. Our aim with the app was to develop an electronic newspaper that would dynamically reflect and complement our more extensive Insurance Gateway website ... Read More »
Report highlights impact of Covid-19 on household finances
Towards the end of November 2020, the Momentum/Unisa Household Finance Insight Report for 2020 was released. A specific analysis was done to estimate the impact of Covid-19 and the lockdown on household finances to, among others, determine ... Read More »
Local CIS industry sees record net inflows despite Covid-19 woes
The Association for Savings and Investment South Africa (ASISA) recently released the Collective Investment Schemes (CIS) industry statistics for the quarter and year ended September 2020. South African investors committed R57 billion ... Read More »
Draft Conduct Standard published for CIS Managers
A draft Conduct Standard, setting out both the principles and fit and proper requirements that CIS managers must comply with on an ongoing basis, was released by the Financial Sector Conduct Authority (FSCA) on 2 December 2020.
The draft ... Read More »
A policy taken out on the life of a minor by a person other than the life insured. The sum insured is limited by the Long-term Insurance Act to: _ R10 000 for an unborn or a minor before he or she attains the age of six years old; and _ R30 000 for a minor older than six years but less than fourteen years old.