Sanlam announces executive changes
JOHANNESBURG, (CAJ News) – SANLAM has announced Chief Executive Officer of its personal finance entity (SPF), Hubert Brody, will step down on May 31. Jurie Strydom, currently the joint Deputy CEO of SPF, has been appointed CEO of the entity. With effect from April 1, Temba Mvusi, the Chief Executive of Group Market Development, has been appointed More...
Sanlam expands East Africa footprint with Kenya acquisition
JOHANNESBURG, (CAJ News) – THE South African-headquartered Sanlam Group has announced the acquisition of a major stake in PineBridge Investments East Africa Limited (PIEAL) in Kenya. An agreement has been More...
Life cover key for self-employees
JOHANNESBURG, (CAJ News) – SELF-employed individuals have been warned against mistakenly overlooking the financial benefits of having adequate life insurance. An expert said this could put paid to the individuals’ More...
Sanlam raises stake in Morocco’s SAHAM
Sanlam JOHANNESBURG, (CAJ News) – SANLAM and its short-term insurance subsidiary, Santam, will increase their stake in Morocco-based SAHAM Finances to 46,6 percent for US$329 million. The stake is currently More...
Sanlam reports firm financial performance
JOHANNESBURG, (CAJ News) – SANLAM, the financial services group, has sustained a solid operational performance for the ten months to October 31. Total new business volumes up 11 percent to R195 billion compared More...
New twist to proposed insurance mergers
JOHANNESBURG, (CAJ News) – SHORT-term insurance distributor, Collision and Management Centre (CMC), is concerned a proposed major between Hollard and two other companies could drive it out of business. The More...
SA contends with rising cost of dying
Photograph Courtesy of FNB. JOHANNESBURG, (CAJ News) – WITH food prices continuing to increase, rising fuel prices and high electricity tariffs, an expert has projected the cost of burials to rise significantly More...
Sanlam posts solid four-month performance
JOHANNESBURG, (CAJ News) – THE Sanlam Group has reported a solid overall performance for the four months ended April 30. Sanlam during the period defied challenging operating conditions which impacted More...
Mobile phones to modernise insurance sector
JOHANNESBURG, (CAJ News) – MOBILIFE, the new financial services provider, has officially entered the insurance space with a number of innovations it hopes will transform the industry. The company has launched More...
Younger South Africans get funeral cover
JOHANNESBURG , (CAJ News) – FNB Life says its data shows that the average age of funeral policy holders is getting younger, at just 36 years, doing away with the previous notion that policy holders must be above More...