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Press Room

Press Archive »

MASSIVE FUEL PRICE INCREASE AHEAD: CARPOOLING MAY BE THE REMEDY TO DEAL WITH RISING COSTS

Published: Tue, 24 May 22

With a massive increase expected to take fuel prices beyond R23 per litre this June, drivers must once again tighten their belts. Motorists will be squeezed even tighter as more people return to the office. Carpooling can be a fantastic way to ease this burden and help everyday South Africans save money. It also has ...
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Impact of Ukraine war on global shipping

Published: Mon, 23 May 22

Ukraine invasion adds to pandemic challenges The war has caused widespread disruption to global shipping, and is likely to exacerbate ongoing supply chain disruption, port congestion and crew crises caused by the Covid-19 pandemic. The shipping industry has been affected on multiple fronts, with the loss of life ...
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Building on change: ESG considerations for the construction industry

Published: Tue, 17 May 22

As ESG concerns continue to evolve at a rapid pace, Diego Assef and Glen Mangold highlight some environmental-related risk challenges in planning, process and coordination for construction and design professionals. Potential ESG considerations for construction and design companies include: E - Environmental ...
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PRAWA calls for insurers and contractors to use certified waterproofing and roof repair firms

Published: Mon, 16 May 22

The Professional Roof Repair and Waterproofing Association (PRAWA) has issued a call for insurers, contractors and other construction industry stakeholders to commit to using only certified waterproofing and roof repair firms. JJ Conradie, Executive ...
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Allianz achieves 3.2 billion euros operating profit

Published: Thu, 12 May 22

Group on track to meet full-year targets 1Q 2022: Total revenues rise 6. 2 percent to 44. 0 billion euros Operating profit remains strong at 3. 2 billion euros. Slight decline of 2. 9 percent reflects impact of higher claims from natural catastrophes Net income attributable to shareholders ...
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RMI supports Second Chance Matric Programme

Published: Thu, 12 May 22

The Retail Motor Industry Organisation (RMI)supports The Department of Basic Education’s Second Chance Matric Programme which commenced this week in 5 236 exam centres nationwide. Louis van Huyssteen, RMI National Training Director says of the 290 680 young people who will rewrite their National ...
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Mike Martin appointed AGCS Global Head of Property and Srdjan Todorovic promoted to lead Political Violence unit

Published: Wed, 11 May 22

Mike Martin joins Allianz Global Corporate & Specialty from AIG where he currently is Chief Underwriting Officer - US Retail Property As a major line of business, Property contributed about 11 percent to AGCS's global premium volume in 2021 Srdjan Todorovic promoted to lead AGCS's specialist Political ...
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Find out about the latest technology trends and challenges within the AML landscape

Published: Wed, 11 May 22

As technology changes and advances so does the game of money launderers. The role of emerging technology in financial crimes have the potential to make anti-money laundering (AML) and counter terrorist financing measures (CFT) faster, cheaper and more effective. The upcoming AML & Financial Crime Southern ...
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MiWay appoints Morné Stoltz to its Exco

Published: Tue, 10 May 22

Leading insurer, MiWay has appointed Morné Stoltz to its Executive Committee (Exco) as Executive Head: Sales and Distribution. The appointment is effective 1 May 2022. In his new position, Morné will be responsible for all MiWay’s sales and Distribution channels. Morné has 20 years’ ...
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SAIA Bulletin - April 2022

Published: Fri, 06 May 22

Following the floods disaster that took place in the coastal province of KwaZulu-Natal during the Easter weekend, most residential houses or properties impacted are yet to be restored as insurers continue to work meticulously to ensure that policyholders get the attention they deserve during this challenging period ...
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Indwe announces shareholder and business changes

Published: Fri, 06 May 22

Santam, South Africa’s largest non-life insurer has increased its stake in Indwe Broker Holdings by acquiring the shareholding from African Rainbow Capital and Sanlam. This transaction makes Indwe a wholly owned subsidiary of Santam and includes Indwe Risk Services, the personal and commercial arm of Indwe as ...
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Allianz: Shipping losses fall, but Ukraine war, costly issues with large vessels, the shipping boom, and sustainability concerns muddy the waters

Published: Fri, 06 May 22

Safety & Shipping Review 2022: 54 large ships lost worldwide last year. Total losses down 57% over past decade. South China, Indochina, Indonesia, and the Philippines top loss location. The Arabian Gulf saw a significant increase in loss activity to rank second. Southeast Asian waters are replacing the Gulf of ...
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Allianz reinforces its commitment to net-zero strategy

Published: Wed, 04 May 22

Launch of guidelines for oil and gas business to accelerate the decarbonization of energy sector in the medium term Global business operations to be net-zero as early as 2030 Sustainability Report documents Allianz’s overall ESG performance   Munich, April 29, 2022 Allianz Group ...
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South Africa’s looming public health crisis highlighted by a Karoo community

Published: Wed, 04 May 22

South Africa's looming public health crisis highlighted by a Karoo community with the highest rates of Non-Communicable Diseases in the country The number of South Africans suffering from diabetes increased by 257% in the decade to 2019, while cancer and cardiovascular illnesses are responsible for 55% of ...
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Marsh on the changing and challenging nature of cyber risk

Published: Wed, 04 May 22

Working from home in an age of permanent digital disruption has gifted the corporate world with enormous opportunities for innovation and growth. But are we fighting a losing battle with the cyber criminals?   Johannesburg, 04 May 2022 – With so many companies in South Africa making permanent ...
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SAIA responds to Competition Commission’s Practice Note on supplier transformation

Published: Wed, 04 May 22

The South African Insurance Association (SAIA), a representative body of the non-life insurance industry, welcomes the publication by the Competition Commission of its Practice Note on the Promotion of Competition and Inclusion in Supplier Panels of Banks and Insurers (the Practice Note). SAIA ...
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FSCA Press Release

Published: Wed, 27 Apr 22


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Indwe’s services go fully online in the North West Province

Published: Tue, 26 Apr 22

Johannesburg, 26 April 2022 – Financial services company, Indwe Risk Services (Indwe), has announced that it will be taking its Potchefstroom branch fully online from 31 May 2022. The migration from brick and mortar to virtual forms part of the intermediary’s successful acceleration of its mobility and ...
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FSCA Press Release

Published: Mon, 25 Apr 22

FSCA warns the public against Bitminer Blockchain Core.
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FSCA Press Release

Published: Mon, 25 Apr 22

FSCA warns the public against CRYPTOSATRADE.
Read More »
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Guarantee Policy:

A type of short-term insurance or reinsurance policy where the contract undertakes to provide benefits relating to the failure of a person to discharge an obligation.
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