‘Lack of maintenance or wear and tear’ gave rise to most of the disputes in several categories of insurance.
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DebtBusters’ latest debt index for Q2 2020 reveals that South African consumers’ debt levels continued to deteriorate over the lockdown, with higher-income earners having unsustainable debt-to-income ratios. Benay Sager, DebtBusters’ chief operating officer, […]
DebtBusters’ latest debt index for Q2 2020 reveals that South African consumers’ debt levels continued to deteriorate over the lockdown, with higher-income earners having unsustainable debt-to-income ratios. Benay Sager, DebtBusters’ chief operating officer, […]
Earlier this year, the Intergovernmental Fintech Working Group (IFWG) Innovation Hub was launched to respond to changes in the financial sector driven by financial technology (fintech) and to promote responsible innovation in the […]
Earlier this year, the Intergovernmental Fintech Working Group (IFWG) Innovation Hub was launched to respond to changes in the financial sector driven by financial technology (fintech) and to promote responsible innovation in the […]
National Treasury, the South African Reserve Bank and the Banking Association of South Africa, released an update on the Covid-19 loan guarantee scheme. The scheme was set up to help ease some pressure […]
Ask Afrika is conducting independent research on an ongoing basis, to understand the socio-economic impact that the Coronavirus, lockdown and gradual reopening of the economy has on South Africans. Each week new results […]
Ask Afrika is conducting independent research on an ongoing basis, to understand the socio-economic impact that the Coronavirus, lockdown and gradual reopening of the economy has on South Africans. Each week new results […]
In response to the impact of COVID-19 and the nationwide lockdown on South Africa in general, and the financial services industry specifically, the Financial Sector Conduct Authority (FSCA)announced various extensions. These include the […]
Earlier this month we reported on the impact of financial remedies as a result of the new Corona virus on various insurers. As a result of more insurers giving trading updates recently, FIN24 […]
The Joint Directive issued by the Authorities on 9 April 2020 under Alert Level 5 was withdrawn and replaced with Joint Communication 7, which sets out how financial institutions must comply with the Occupational Health and Safety Directives, […]
The Council for Medical Schemes recently published PMB definition guideline: COVID-19 v3, a guideline that clarifies PMB entitlements of medical scheme beneficiaries within the context of the pandemic, ensuring that there is uniform […]
The Council for Medical Schemes recently published PMB definition guideline: COVID-19 v3, a guideline that clarifies PMB entitlements of medical scheme beneficiaries within the context of the pandemic, ensuring that there is uniform […]
Most insurers have implemented measures to assist clients who may struggle to pay their monthly premiums. These include premium holidays, discounts and deferrals of rate increases. How will these impact insurers financially? In […]
The first repudiations of claims by policyholders for business interruption as a result of the pandemic have led to very keen media interest in the matter. The Ganas/Momentum case provided useful insight into […]
The first repudiations of claims by policyholders for business interruption as a result of the pandemic have led to very keen media interest in the matter. The Ganas/Momentum case provided useful insight into […]
The phased reopening of South Africa’s economy after COVID-19 lockdown comes with strict requirements. Every business will have to adhere to detailed health and safety protocols to protect their employees, and plans will […]
