Life insurers pay out R298bn as policy lapses remain a concern
ASISA advises consumers to take a holistic view of their finances and avoid hasty decisions that could leave them unprotected.
ASISA advises consumers to take a holistic view of their finances and avoid hasty decisions that could leave them unprotected.
While Ithala remains operational for existing clients, the search for a new sponsor and regulatory hurdles pose significant challenges.
DHMS provides an update on the impact of the WELLTH Fund and membership movements following the consolidation of the Comprehensive series.
In 2022, the industry saw a net income of R2.57 billion – down from R12.18bn in 2021 – and faced an operating deficit of R6.155bn, the largest in 23 years.