Allianz Commercial has appointed Mr Anton Kolbe as CFO of Allianz Commercial South Africa, effective 20 October and subject to regulatory approval.
The South African Motor Body Repairers' Association (SAMBRA), is calling for urgent alignment among insurers, original equipment manufacturers (OEMs) and motor body repairers, to address mounting structural pressures in the post-collision repair sector.
Discovery Group has announced a strong financial performance for the year ended 30 June 2025 as it enters a distinct new growth phase with two well defined operational composites, in an environment characterised by increased geo-political complexities and uncertainty around global policy shifts and trade tensions.
emPLE Group, the insurance subsidiary of African conglomerate EverCorp Industries, has acquired 100% of Metropolitan Ghana from South Africa's Momentum Group, which leaves the Ghanaian market following the divestment.
Nippon Export and Investment Insurance (NEXI) has sealed its first-ever reinsurance agreement with an African export credit agency (ECA).
South Africans are highly satisfied with their life insurers, according to the 2024/25 Life Insurance Customer Experience (CE) Index report released by the University of Pretoria (UP).
The National Treasury has announced that it will undertake a pilot, along with municipalities, by the end of the third quarter of 2025, to determine the structure and pricing of potential insurance products to cover disaster risks.
Three key Nat CAT protection gaps persist in South Africa, which are insufficient infrastructure coverage, underinsurance of covered assets, and disputed claims, according to a joint paper by the International Bank for Reconstruction and Development / The World Bank and the International Association of Insurance Supervisors (IAIS).
Many young professionals under the age of 35 in South Africa prioritise investment savings over buying insurance, according to recent research by Liberty, a financial services provider in the Standard Bank Group. This leaves them vulnerable to adverse serious life events.
Santam, South Africa's largest short-term insurer, has been granted in-principle approval by Lloyd's to launch a syndicate based in London, which will accelerate the international growth and diversification goals of the Group.