Life insurers paid 99.3% of claims against fully underwritten life policies in 2020

29 November 2021

South African life insurers paid 99.3% of all claims against fully underwritten individual life policies in 2020 to a value of R20.6 billion.

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Introducing SmartAboutMoney.co.za

29 September 2021

The SmartAboutMoney.co.za consumer financial education website has gone live under the tag line: “Empowering you to make good money decisions – an ASISA initiative”.  read more

Life insurers remain well capitalised despite unprecedented claims and benefit payments

15 September 2021

Despite the unprecedented claims and benefit payments made to policyholders and beneficiaries as a result of the Covid-19 pandemic, the life industry remains in robust financial health...read more

Beneficiaries receive R47.58 billion from life insurers for more than a million death claims in 12 month period

31 August 2021

Death claims statistics released today by the Association for Savings and Investment South Africa (ASISA) show that 1 023 083 death claims were submitted between 1 April 2020 and 31 March 2021. read more

Life insurers report significant increases in funeral insurance fraud for 2020

23 August 2021

South African life insurers reported a 12% increase in fraudulent and dishonest claims across all lines of risk business in 2020 when compared to 2019. read more

ASISA Media Statement: Green Paper on Comprehensive Social Security and Retirement Fund Reform

19 August 2021

The Association for Savings and Investment South Africa (ASISA) has taken note of the Green Paper on Comprehensive Social Security and Retirement Reform...read more

CIS assets under management fast approaching the R3 trillion threshold

19 August 2021

The local Collective Investment Schemes (CIS) industry reported net outflows of R18 billion for the second quarter of this year following the closure of South Africa’s biggest money market fund.  read more

National Treasury’s proposed “two-bucket system” a promising response to meet short and long-term financial needs

12 August 2021

The Association for Savings and Investment South Africa (ASISA) and its members support meaningful changes to the current retirement system that are aimed at strengthening preservation of savings...read more

Majority of local investors miss out on strong stock market recovery

27 May 2021

The local Collective Investment Schemes (CIS) industry reported net inflows of R13.69 billion in the first three months of this year, taking to R203.83 billion the total net inflows for the 12 months to the end of March 2021.

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Local hedge funds industry finding its feet in a regulated environment

8 March 2021

The South African hedge funds industry ended 2020 with assets under management of R73.27 billion. Statistics released by the Association for Savings and Investment South Africa (ASISA) show that assets under management increased by R4.35 billion in 2020... read more

Interest bearing CIS portfolios attract record breaking net inflows in 2020

8 March 2021

The local Collective Investment Schemes (CIS) industry attracted net annual inflows of R213 billion last year – the highest ever in the industry’s 55 year history. read more

Life insurers pay more than half a trillion Rand to policyholders and beneficiaries in 2020

8 March 2021

Policyholders and beneficiaries received claims and benefit payments worth R522.7 billion from South African life insurers in 2020. read more