In the news today: New vehicle sales are likely to decline this year, the Institute of Retirement Funds Africa (IRFA) award-winners are announced, and Aon estimates that natcat losses hit $90 billion in 2018


New vehicle sales could shrink in 2019, says WesBank

South Africa’s leading vehicle finance provider says new vehicle sales are set to decline by 1% in 2019 – and buying patterns show that consumers are delaying purchases or buying downwards.  READ MORE

IRFA industry award-winners announced

The Transport Sector Retirement Fund scooped the coveted Gold Standard award at the Institute of Retirement Funds Africa (IRFA) industry awards, which were held in Johannesburg on 23 January.  READ MORE

Aon: natcat losses hit $90 billion in 2018

Insurance and reinsurance broker Aon says natcat losses hit $90 billion last year, making 2018 the fourth-highest year on record. Its estimates are significantly higher than those of Swiss Re and Munich Re.  READ MORE

White House to declare national emergency?

US President Donald Trump has asked the White House to prepare a draft proclamation to declare a national emergency along the southern border of the US. READ MORE

Businesses must deliver social impact: CEOs

As many as 93% of CEOs globally say businesses must deliver social impact and not just focus on earning a profit, according to the 2019 Global Leadership Survey.  READ MORE