Latest News & Developments
With less than 35% of South African motorists insured, understanding car insurance coverage is crucial.
Discover how Capitec Bank's innovative funeral cover strategy, priced at R102. 95 compared to R360. 00 from competitors, is transforming the insurance landscape in South Africa. Explore the insights from Tim Treagus and learn what this means for consumers and the industry.
The Insurance Sector Education and Training Authority (Inseta) hits back at Outa's 'demonstrably false' allegations, citing its 97% operational performance and support of 62,000 beneficiaries while challenging claims about audit irregularities.
With short-term insurance premiums on the rise, South Africans must navigate financial pressures wisely.
With over 17,000 kidnappings reported in South Africa in 2023/24, experts urge individuals and businesses to consider kidnap and ransom insurance for financial protection.
Balancing priorities while preparing for unforeseen circumstances is crucial, and one of the most effective ways to do this is through the lens of short-term insurance.
Momentum Group's share price surged over 10% following a remarkable 44% increase in normalised headline earnings to R3. 4 billion for the six months ending December 31, showcasing strong performance across all business units.
Meet Evadne Mapoe, the trailblazing first female investigator at the Insurance Crime Bureau, who's breaking barriers in a male-dominated industry while protecting South Africans from identity theft and insurance fraud.
Madjadji Flora Shokane stands accused of a chilling series of crimes, including the alleged murder of six people, as well as fraudulently cashing in over R10-million in insurance claims linked to the victims.
Old Mutual announces a 14% rise in adjusted headline earnings for 2024, alongside a new digital banking initiative and a focus on enhancing shareholder returns.
A KwaZulu-Natal woman lost a R6-million life insurance claim after her late mother misrepresented her income on the application form.
A KwaZulu Natal woman lost a R6-million life insurance claim after her late mother misrepresented her income on the application form. The case highlights the importance of full disclosure in insurance policies
Extreme weather events can wreak havoc on your property, but understanding how to navigate insurance claims can help you recover more swiftly.
The client submitted a loan application through Clientèle's website and later received a phone call that misleadingly offered her a funeral policy, presenting it as if it were a loan.
Clientèle's latest financial results reveal a 217% surge in earnings per share, driven by the R469. 1 million gain from the 1Life acquisition. Despite challenging economic conditions affecting customer affordability, the group maintains optimistic outlook with strategic growth initiatives
Sanlam announces robust earnings growth for 2024, driven by strategic partnerships and market expansion across Africa and India.
Tavaziva Madzinga, Santam’s Group CEO, characterised 2024 as "a difficult year with tailwinds and economic constraints". Despite this the group showed steady growth, with headline earnings per share rocketed 51% to 3 477 cents from 2023.
South African insurance leader Santam demonstrates resilience with a remarkable 51% increase in headline earnings, strong premium growth, and improved underwriting margins, despite challenging economic conditions and weather-related claims.
OUTsurance Holdings Limited anticipates substantial earnings growth of up to 47% in the latest half-year results, driven by reduced claims and strong premium growth across its operations. The group's Australian and South African units show remarkable performance, despite challenges from currency fluctuations and new market ventures.
South African insurance leader Sanlam anticipates exceptional growth across its business lines, with headline earnings projected to rise by up to 40% in the 2024 financial year.
Momentum Group's shares climb 10% following an impressive trading statement that reveals a 50% increase in headline earnings, driven by strong operational performance across all business units and improved market conditions.
AVBOB faces backlash as a woman reveals her shocking R4,000 funeral payout after 22 years of contributions.
The National Financial Ombud Scheme South Africa ruled that an expired professional driving permit does not affect the validity of an insurance claim following a hijacking incident
AfriForum's recent partnership with Auto Pedigree, offering a 20% discount on vehicle services, has sparked controversy as the organisation faces treason charges from various political parties.
Reviewing your insurance cover is a vital step in protecting your financial future as we embrace the new year.