JBA Risk Management, a flood specialist, has updated its Global Flood Model, introducing enhanced hazard maps, a broad range of future climate event sets and improvements to both processing speed and exposure disaggregation.
The Momentum Group has announced that Momentum Health will be taking over the administration of Bonitas Medical Fund from 1 June.
Old Mutual has announced the appointment of Mr Roger Jardine as Chairman Designate. He will assume the chairmanship at the end of the company's Annual General Meeting to be held on 5 June 2026, subject to his confirmation as a director at the AGM.
Howden has announced leadership appointments and regional structure changes to better serve clients and insurer partners. According to a statement from the firm, these changes will more closely align expertise and shape the business to bring all of its growing capabilities and talent to clients across regional borders.
The global outlook is extremely worrying, with the bond and equity markets reacting to recent events, said Mr Paul Hanratty, the Group CEO & Executive Director of Africa's largest insurer, Sanlam, which is headquartered in Capetown.
The Sanlam group's operating earnings rose 14% year on year to ZAR8.1bn ($496m) at end-1H2025, following a strong result in 2024, notes Fitch Ratings. This was driven by general insurance (up 42%), with continued strength in life and health (up 15%) and credit and structuring (up 18%). Investment management saw a smaller increase of 8%.
The Competition Commission has recommended that the Competition Tribunal approve the proposed acquisition by Orient Victoria and KP Partners of King Price Financial Services (KPFS) and Porcupine Union, without conditions.
President Cyril Ramaphosa has agreed to delay the proclamation of any sections of the National Health Insurance Act (NHI) following litigation brought against the President and the Minister of Health.
South Africa's insurance sector is closely aligned with global themes such as volatility, cost pressure, efficiency, AI, competition and the hunt for new growth. But its challenges are intensified by domestic realities such as energy instability, slower economic growth and complex regulatory change, says international professional services firm EY.
Santam has announced leadership appointments and promotions across the Group effective February 2026.