Fitch Ratings has affirmed MIL insurer financial strength rating at 'BBB'
UK-based insurtech firm YuLife has launched its group life insurance in South Africa, after launching its financial services product in the UK and the US
South Africa’s Prudential Authority has fined energy captive Escap SOC R5 million for breaching section 167(1) of the Financial Sector Regulation Act 9 of 2017
Capitec Life will underwrite the bank’s credit life and funeral policies, replacing the two current cell captive insurers
Global Cannabis Applications Corp has signed a letter of intent to acquire 33 per cent of Blue Anchor Risk Solutions’ cell captive insurance company focused on cannabis growth operations in South Africa
The Financial Sector Conduct Authority and Prudential Authority of South Africa have released a joint guidance notice concerning the application of sections 5(1) and 5(2) of the Insurance Act
Guardrisk, South Africa’s largest cell captive insurer, has been granted South Africa’s first micro-insurance cell captive licence by the Financial Sector Prudential Authority
Reinsurance Solutions Group, an independent African-owned reinsurance broking group, has launched a new subsidiary Reinsurance Solutions Intermediary Services in South Africa
