In the news today: Natsure celebrates its 50th anniversary, South African medical scheme claims plagued by fraud, and Old Mutual sells its Nedbank shares

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Natsure celebrates 50th anniversary with new vision

Natsure is turning 50 this month, an event that coincides with the announcement of a new vision that revolves around innovating the business from the ground up.  READ MORE

South African medical scheme claims plagued by fraud and waste

About 15% of all private medical expense claims submitted last year in South Africa resulted from fraud, waste and abuse, a report by the country’s Council for Medical Schemes (MCS) states.  READ MORE

S&P Dow Jones scores tops in 2018 Africa Global Funds Service Provider Awards

For the third year in a row, the Africa Global Funds Service Provider Awards has recognized the S&P Dow Jones Indices as the Best Index Provider.  READ MORE

Old Mutual sells all 5.5 million shares in Nedbank

South Africa’s Old Mutual has sold all of its 5.5 million shares in Nedbank to select institutional investors, marking the final step in the spinning-off of the unit.  READ MORE

Click2Sure secures investment from reinsurance firm Greenlight Capital

Cape Town-based digital insurance platform Click2Sure has secured an undisclosed investment from Greenlight Capital, a reinsurance company from the Cayman Islands. READ MORE