As telematics is enabling insurers to gain a more accurate picture of the motorist’s driving behavior, motor insurance premiums can now be tailored to the driver’s individual risk behavior.

Foreign financial institutions that have waited for clarity on the implications of the FATCA before acting, have left themselves with a tight deadline if they are to meet the requirements of the Act as finally published on 28 January 2013.

Success by stealth is becoming a key feature of business growth, skewing perceptions and contributing to low business and consumer confidence readings.

The huge complexity involved in medical insurance makes it imperative that one takes great care to investigate all the options while simultaneously ensuring that the many potential pitfalls are identified and avoided.

A recent study revealed that a shocking 70% of South African women do not have any short-term insurance cover in place, placing themselves at serious financial risk should they need to replace something as a result of damage, theft or loss.

Legislation is the term used to describe the laws made by Parliament. Look at the changes made in 2013.

Municipalities in South Africa are urged to take a proactive approach in maintaining infrastructure that is safe for public use at all times.

Costly private motor insurance policies exclude cover if the vehicle is involved in an accident whilst being kept at a motor dealership for purposes other than maintenance or repair.

"The immediate priority for most organisations in the financial services sector, not only in South Africa, but globally, is adapting to the current economic instability," says PwC Financial Services Leader for Southern Africa and Africa.

South African insurance brokerage, Risk Benefit Solutions (RBS), has merged with Western Cape based Katz Breskal Insurance Brokers (KBIB) to form one of the largest independent insurance brokerages in the country. The merged company - RBS Katz Breskal - will service a book of approximately 20 000 clients and approximately R300 million in annual premium income.