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Latest news

A collective of the latest news and industry insights. Select your knowledge stream below.

December 6, 2023
IIKZN Annual Gala Dinner: I See You in Pandora
An evening of enchantment and glamour as the Insurance Institute of KwaZulu-Natal hosted their Annual Gala Dinner on Saturday 25th November 2023 at the magnificent Durban International Convention Centre. 
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December 6, 2023
Netcare sprints to energy efficiency
When it comes to moving the needle on sustainability, Netcare Ltd, one of South Africa’s leading private healthcare providers, understands that actions speak louder than words, with the company investing more than R624 million in environmental sustainability projects over the past decade.
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December 6, 2023
Doves Group Announces Strategic Partnership With African Unity Life
Doves Group has successfully concluded a groundbreaking underwriting partnership with African Unity Life. This strategic collaboration marks a significant milestone in Doves Group’s journey towards revitalisation and growth, following challenges posed by the curatorship of 3Sixty Life.
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December 6, 2023
A surprise nosedive in agriculture GDP outcomes in Q3 of 2023
Despite some of the earlier indicators pointing to a potential upswing in Q3 agriculture GDP, the sector surprised on the downside with a biggest and sharp contraction of 9.6% in Q3 of 2023.
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December 4, 2023
Food and essential items top the Black Friday list for Discovery Bank clients
Following Black Friday, Discovery Bank looked at the spend trends and shopping preferences among its clients. “There are interesting insights around spend, payment preferences and the additional value that Discovery Miles offer to Discovery Bank clients.
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December 4, 2023
Investment team transitions at M&G Investments SA
M&G Investments Southern Africa (M&G SA) have announced role transitions in their Investment team, with their Chief Investment Officer (CIO) David Knee assuming a role at M&G Investments UK and several senior team members being promoted within the South African business.
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December 4, 2023
Momentum Investments and Stellenbosch University partner in machine learning research
Momentum Investments is proud to announce the creation of the Momentum Investments Research Chair (Professorship) for research into machine learning in finance in conjunction with Stellenbosch University.
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December 4, 2023
SA equities: Many opportunities amid depressed valuations
M&G Investments Portfolio Manager, Kaitlin Byrne, encourages South African investors to consider local equities despite negative headlines. Emphasizing the safety in cheap valuations, she highlights the well-diversified revenue sources of JSE-listed companies and suggests opportunities for investors willing to navigate uncertainties.
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December 4, 2023
Fraud worth R1.1 billion prevented by life and investment companies in 2022
South African life insurers and investment companies detected 8 931 cases of fraud and dishonesty in 2022. While losses worth R1.1 billion were prevented, the industry lost R77 million to fraud in 2022.
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December 4, 2023
Living annuity model proves robust in volatile times
At the end of 2022, South African retirees held R625.9 billion in living annuities, a 47.3% increase from 2018. Living annuity policies grew by 13.5% to 527,038. ASISA's five-year update shows a stable average drawdown rate, affirming the model's resilience amid global economic challenges.
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Download the 2023 TechFest eBook

Technology has become indispensable in the digital age. As for the insurance and financial industries, if you had the privilege, or foresight, to attend COVER's TechFest2023, you would have heard from the various presenters how crucial innovation on the back of technology has become for survival and a sustainable competitive strategy.

In this e-book we feature a comprehensive overview of all the presentations and round table discussions. The videos of the sessions, for the full experience, can be viewed on our website.

Download