http://www.itinews.co.zaThe complete South African Financial Services News and Information PortalCopyright (C) 2006editor@itinews.co.zawebmaster@itinews.co.zaenITINews RSS Generatorhttp://www.itinews.co.za/companyview.aspx?cocategoryid=22&companyid=356&itemid=C27D5EAB-FA92-4C07-87EC-A9F78401B1D3Preferred risk rating aims to identify risk factors that can be used to better rate risks - Competition in the insurance industry is largely defined by a product's features, value-added service and product pricing.editor@itinews.co.za (Jaqui Liebenberg)Wed, 18 Feb 2009 12:00:00 AM GMThttp://www.itinews.co.za/companyview.aspx?cocategoryid=22&companyid=356&itemid=3B5EA21E-C0F4-4128-BF2F-4B79E17253ADNow cover a myriad of less critical conditions - Critical Illness (CI) products have evolved from their original simple design into some of the most complex life insurance products around. editor@itinews.co.za (Dr. John Schoonbee)Mon, 19 Jan 2009 12:00:00 AM GMThttp://www.itinews.co.za/companyview.aspx?cocategoryid=22&companyid=356&itemid=C413172E-71C9-4766-92AD-365247D7D740Strategic relationship and trust before short-term pricing - In a drive to offer customers greater convenience, an expanded range of financial products and services, as well as to grow existing insurance business, Absa launched a stand-alone life insurance product at the end of 2007, marketed under the Absa Life brand.editor@itinews.co.za (RGA Reinsurance Company of South Africa)Wed, 26 Nov 2008 12:00:00 AM GMThttp://www.itinews.co.za/companyview.aspx?cocategoryid=22&companyid=356&itemid=1C1683D7-B601-4632-815D-5A906A09A5FCMeans that employers need to buy into the concept 100% - The different components of employee benefits have traditionally operated independently.editor@itinews.co.za (Dr. John Schoonbee)Fri, 10 Oct 2008 12:00:00 AM GMThttp://www.itinews.co.za/companyview.aspx?cocategoryid=22&companyid=356&itemid=9981AC12-E444-4F2F-B67F-24D9D5EF59CDComplete insurance equity as opposed to complete insurance equality - Risk transfer and pooling form the backbone of life insurance, as these factors allow the insurer to cover claims out of a common pool.editor@itinews.co.za (Grete Kritzinger )Fri, 26 Sep 2008 12:00:00 AM GMThttp://www.itinews.co.za/companyview.aspx?cocategoryid=22&companyid=356&itemid=75F6E6E5-E36C-49F6-A812-069275BFCE90Depressed economic conditions increase the risk of growth in the number of disability claims - It is generally believed that depressed economic conditions can increase the risk that insurers will experience growth in the number of disability claims.editor@itinews.co.za (Grete Kritzinger)Thu, 18 Sep 2008 12:00:00 AM GMThttp://www.itinews.co.za/companyview.aspx?cocategoryid=22&companyid=356&itemid=071D6B23-1E61-48D9-BB29-154473A58D35The next evolution in the growth of the insurance industry - The consumer landscape in South Africa has experienced unprecedented change in the last few years, which has created the need and opportunity for previously specialised product and service providers to diversify and offer time-strapped, increasingly educated consumers the convenience of 'one-stop shopping' across a broad array of offerings.editor@itinews.co.za (Grete Kritzinger )Thu, 12 Jun 2008 12:00:00 AM GMThttp://www.itinews.co.za/companyview.aspx?cocategoryid=22&companyid=356&itemid=60EA9A6A-A22D-48B3-A552-E9028CEE922EInsurers are shifting focus towards processes in order to increase penetration rates - Bancassurance continues to be an integral part of banks' business in South Africa, following strong growth in 2006 and 2007.editor@itinews.co.za (Pedro van Gaalen )Thu, 29 May 2008 12:00:00 AM GMThttp://www.itinews.co.za/companyview.aspx?cocategoryid=22&companyid=356&itemid=0AB4F7C6-B68D-4D8D-ADF2-FCD85709C35DA broader view of how to develop insurance business through product development - RGA Reinsurance Company of South Africa Limited (RGA), the only dedicated life reinsurer in South Africa, has announced that Cliff Jooste has been appointed as Chief Underwriter.editor@itinews.co.za (Pedro van Gaalen )Thu, 22 May 2008 12:00:00 AM GMThttp://www.itinews.co.za/companyview.aspx?cocategoryid=22&companyid=356&itemid=17C02C6A-93F4-4610-A77B-0D87214C5608Replacing the typical model of insulated information silos of the distinct functional areas of insur - The economic cost and impact of employee absenteeism and medical treatment, as well as the growing focus on workforce productivity in the country, are resulting in a shift in the risk management strategies of many companies in South Africa.editor@itinews.co.za (Dr. John Schoonbee )Thu, 24 Apr 2008 12:00:00 AM GMT