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Press Room

Press Archive »

Road fatalities during the holiday period

Published: Wed, 26 Apr 17

Following the recent announcement by Transport Minister Joe Maswanganyi that there was a 51% increase in road fatalities from 156 road fatalities during the 2016 Easter holidays to 235 road fatalities during the 2017 Easter holidays, it is clear that travelling in a motor vehicle is probably the most dangerous thing ...
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FNB Islamic Banking launches Takaful

Published: Wed, 26 Apr 17

Johannesburg: Today FNB Islamic Banking launched Takaful – simply defined, it is an innovative solution which is a co-operative system of reimbursement in the case of loss, which is organised as an Islamic compliant alternative to conventional insurance. As with conventional insurance, and similarly under Takaful, ...
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One more holiday break in sight – stay safe on the roads

Published: Tue, 25 Apr 17

While many may have pleasant memories of the Easter weekend, others are however counting the costs of loss over the long weekend due to various road accidents that happened across the country. According to traffic authorities, the past Easter weekend statistics included: 235 deaths on our roads 1 738 motorists ...
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Happy campers make for happy holidays

Published: Tue, 25 Apr 17

The great outdoors is a favourite South African pastime, whether it is ‘trekking’ a caravan to a remote beach location, camping in a tent in the bush, or sitting around the campfire under the stars in your own backyard. Even if some holidaymakers like to ‘rough it’ in some way, doing ...
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Laws amendment to accommodate health insurance demarcation regulations

Published: Tue, 25 Apr 17

      Patrick Bracher, Director Norton Rose Fulbright South Africa Inc.   The pending changes to the Medical Schemes Act and the Long-term and Short-term Insurance Acts to accommodate the demarcation regulations were made on 1 April 2017 including the new definition ...
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Aon 2017 Global Risk Management Survey

Published: Mon, 24 Apr 17

Unprecedented volatility adds new urgency and complexity to old risks Bi-annual survey finds economics, demographics and geopolitics as well as technology advancements creating new reality for companies around the world Damage to reputation/brand is top concern for businesses, exacerbated by social media Political ...
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The dangers of distracted driving

Published: Mon, 24 Apr 17

By Indwe Risk Services What can happen in a second? A bullet can travel 900m, a snail can move 1cm in the rain, lightning strikes six times, a bee beats its wings 270 times, and 2 393 470 emails are sent per second. If all that can happen in a second, what can happen in the time you take your eyes off the road? According ...
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France’s Presidential Election: The Closer We Get, the Less We See

Published: Fri, 21 Apr 17

By Coface, the international trade credit insurance company On May 7th 2017, French voters will elect a new President to succeed Francois Hollande. Less than two weeks before the first round, according to the latest polls, there is still uncertainty. For the first round of the elections, the main ...
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Western Cape to prepare for rain and floods

Published: Fri, 21 Apr 17

A recent article on News24 has highlighted that Western Cape residents should prepare for rainy weather and possible flooding this winter. This news comes as the region faces a devastating drought with dam levels currently at an average of 22. Mutual & Federal urges Western Cape residents to take the ...
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Employment Practices Liability - Looks do not determine competence

Published: Thu, 20 Apr 17

    Seonita Avery, Claims Manager Camargue Underwriting Managers (Pty) Ltd         “This matter was borne out of a tragic event, which, instead of being resolved on the basis of compassion and good sense, escalated into unfortunate litigation on the ...
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A Sowetan is the CEO of a global company

Published: Thu, 20 Apr 17

        Thusang Mahlangu, Africa CEO Allianz Global Corporate & Specialty (AGCS)         Johannesburg: Thusang Mahlangu achieved his vision of becoming CEO at 40 when he was appointed Africa CEO for Allianz Global Corporate & Specialty ...
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The notification of data breaches in South Africa will soon be required by law

Published: Thu, 20 Apr 17

By Darryl Bernstein, partner in Baker McKenzie's Disputes and ITC Practice Groups in Johannesburg   According to the Gemalto Breach Level Index, released in March 2017, South Africa experienced nine reported security breaches in 2016. It was not the rise in security breaches that caused the ...
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Companies and organisations must review critical security controls - expert

Published: Wed, 19 Apr 17

Recent incidents have highlighted the need for all companies and organisations to review the safety and security of their data and their IT systems, as standard approaches no longer protect against myriad vulnerabilities, an expert says. “Even the highest judicial office in the land, that of Chief Justice, Mogoeng ...
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Investors Eye Turkish Referendum Outcome Amid Uncertainties

Published: Wed, 19 Apr 17

By Coface, the international trade credit insurance company   Chart: Turkey’s Contribution of GDP Components (% points)   Turkey’s referendum ‘Yes’ vote over the weekend now paves the way for 18 amendments to the constitution that have long been sought by the ruling ...
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Cut the trash… How to prepare for the junk in SA’s trunk

Published: Wed, 19 Apr 17

There’s been a lot of talk about our downgrade to junk status, and although we all understand that anything that sounds like garbage is clearly not good news, everyone is waiting to see how it’ll really impact their pockets. According to most of our economists the average South African will not be much ...
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Reducing fraud and gaining control of moveable assets not registrable on eNaTIS

Published: Tue, 18 Apr 17

Banks and Insurers are now able to reduce fraud and gain control of all movable assets currently not allowed to be registered on eNaTIS   By Kyle Dutton, Project Manager Southern African Movable Asset Register (SAMAR) www. za   Many moveable assets, such as various forms of yellow metal, agricultural ...
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Family… check. Safety… check. Now for an egg-citing vacay

Published: Thu, 13 Apr 17

Loooong weekends are upon us, which are both a relaxing time away from the 9 to 5 and a potentially stressful time on the busy roads. To find the road-trip sweet spot and enjoy the drive, the king of the road has put together some useful travel tips to keep your wheels rolling on your breakaway. The serious ...
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Aon South Africa Appoints ERM Expert

Published: Thu, 13 Apr 17

Michael Ferendinos has been appointed Enterprise Risk Business Unit Head at Aon South Africa. Michael joins the team from the Institute of Risk Management South Africa (IRMSA) where he served as the Chief Risk Advisor for the industry and as the Chairman of the Risk Intelligence Committee. Michael also holds the title ...
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Going on a Road Trip for the Holidays?

Published: Wed, 12 Apr 17

Make sure your vehicle insurance is up to scratch         Mandy Barrett, Aon South Africa           There is nothing quite like heading out on the open road to a holiday destination, with nothing but fresh air and blue sky ahead of you ...
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Individuals warned against posting, sharing and liking defamatory material

Published: Wed, 12 Apr 17

Funny memes, embarrassing videos and stinging remarks about people can travel through social media with incredible speed, and social media users often share or like this kind of material without considering the consequences. Johannes du Plessis, Legal Advisor at RBS (Risk Benefit Solutions Pty Ltd), an authorised ...
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