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R599 billion paid to policyholders and beneficiaries last year: Asisa

R599 billion paid to policyholders and beneficiaries last year: Asisa
iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.

South-africa , South-african , Africa-asisa , Gareth-friedlander , Risk-board-committee , Association-for-savings , Prudential-authority-solvency-capital-requirement , Investment-south-africa , Asisa-life , Prudential-authority , Solvency-capital-requirement , Share-index

Life assurance industry returns to pre-Covid solvency levels

The life assurance industry dished out R599-billion last year, boasting a solvency buffer twice the Prudential Authority's requirement.

South-africa , South-african , Gareth-friedlander , Prudential-authority , Risk-board-committee , Asisa-life , Share-index , Disability-insurance-gap-study , Funeral-policies-investments-life-assurance-savings ,

Life insurers pay out R287bn, but there's concern about policy lapses

Life insurers pay out R287bn, but there's concern about policy lapses
news24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news24.com Daily Mail and Mail on Sunday newspapers.

South-africa , South-african , Africa-asisa , Gareth-friedlander , Risk-board-committee , Association-for-savings , Investment-south-africa , Asisa-life , Disability-insurance-gap-study ,

ASISA: Life insurers pay R287.1 billion in the first half of 2023

Beneficiaries and policyholders received R287.1 billion in claims and benefits from South African life insurers in the first half of 2023.

South-africa , South-african , Gareth-friedlander , Quarterly-labour-force-survey , Association-for-savings , Risk-board-committee , Investment-south-africa , Solvency-capital-requirements , Disability-insurance-gap-study , Asisa , Ife-insurance , Usiness-news

Accounting Job in Kenya

AUDITOR GRADE EBK 6 REF: EBK/HR & ADM/RT/030/VOL. I/ (326) REPORTING LINE: AUDITOR WILL REPORT TO SENIOR INTERNAL AUDITOR JOB PURPOSE The job holder will This is the entry and training grade for this cadre for graduate employees. An officer at this level will work under guidance and supervision of the Senior Internal Auditor. Responsibilities The…

Nairobi , Nairobi-area , Kenya , Institute-of-certified-public-accountants-kenya , Pensionable-terms-of-service , Risk-board-committee , National-identification-card-or-passport , Member-of-institute-internal-auditors , Anti-corruption-commission , Credit-reference-bureau , Or-business-administration

Cash-strapped consumers cashing out on life savings

Asisa released its long-term insurance statistics, showing that one million more recurring premium policies lapsed during the course of 2022, compared with 2021. In

South-africa , South-african , Africa-asisa , Risk-board-committee , Association-for-savings , Investment-south-africa , Asisa-life ,

SA life insurers flush after death claims fall in 2022

The decline of 26% in death claims last year is one of the reasons South African life insurers have emerged well-capitalised post-2022, despite a tough operating environment.

South-africa , Kenya , Nigeria , Egypt , Morocco , South-african , Iain-williamson , Victor-mpunga , Africa-asisa , Risk-board-committee , Association-for-savings , Allianz

A million more insurance policies lapsed in 2022, even as claims pushed near record highs

Consumers lapsed 8.4 million life insurance policies in 2022, and cashed out nearly 700 00 savings and investments before time.

South-africa , South-african , Risk-board-committee , Savings-association-of-south-africa , Savings-association-of-south-africa-asisa , Savings-association , Asisa-life , Asisa , Nsurance-claims ,

Cash-strapped consumers cashing out on life savings to survive: Asisa

In total, 8.4 million recurring premium policies lapsed in 2022 – one million more than in 2021

South-africa , South-african , Africa-asisa , Risk-board-committee , Association-for-savings , Investment-south-africa , Asisa-life ,

South Africa 'is nowhere near' closing the life and dis...

A recent study shows that South Africa’s 14.3 million income earners had only enough life and disability insurance to cover 45% of the total insurance needs of their households. And the average South African household would be forced to cut living expenses should the earner die or become disabl...

South-africa , South-african , South-africans , Carol-mazaka , Africa-asisa , Risk-board-committee , National-budget , Association-for-savings , Disability-insurance , Gap-study , Investment-south-africa , Asisa-life