Latest Breaking News On - Investment south africa - Page 1 : vimarsana.com

AI, advanced analytics help to beat insurance fraud

Using AI & Advanced Analytics to beat insurance fraud in South Africa

Unclaimed insurance benefits run into billions, but payouts are increasing

South Africa had R88.5-billion in unclaimed assets in 2022, with unclaimed insurance benefits making up 38% of the total.

Rising risk of insurance fraud for policyholders

Central South Africans have been glued to the court case of a woman from the North West who was arrested for the murder of her niece, allegedly to claim insurance.Agnes Setshwantsho was arre...

Two-pot retirement system: pension funds worried about implementation

There is concern that the Pension Fund Amendment Bill will not be passed in time because it has to go back to the National Assembly.

Life insurers paid close to R600 billion in claims in 2023 – The Mail & Guardian

The data showed that more than half of risk policies bought last year were for funeral cover

Old Mutual paid out R30-million a day over the last year

Old Mutual paid out a whopping R30-million a day in claims in 2023, with CEO Iain Williamson highlighting the financial strain on consumers.

Life insurance murders: Five notable cases in recent years

Rosemary Ndlovu received more than R1.4 million in insurance payouts after the deaths of five of her relatives and her boyfriend

Do well-diversified portfolios translate to consistent returns?

The short answer is no, since a fund manager’s investment style will influence their stock selections.

Life insurance fraud: Here's how innocent consumers are 'tricked' into becoming complicit