In the news today: Swiss Re wants back its shares, half of SA uninsured, and SA’s hijacking hotspots


Swiss Re to start buying back its shares

Swiss Re on Wednesday announced that its share buy-back programme will start on 12 November 2015. The programme, announced on 29 October 2015, will run until 2 March 2016, for which the company has set aside CHF1 billion ($1 billion). READ MORE

Half of South Africans uninsured

Fifty per cent of adults do not have any kind of financial product covering risk, an increase of 10 per cent from 40 per cent last year, the latest FinScope South Africa consumer survey found. READ MORE

SA’s hijacking hotspots

The most recent crime data stats from the South African Police Service (SAPS) for 2015 show that hijackings have increased in the last year. READ MORE

Uber banks it

Vehicle finance specialist WesBank has signed a deal to lease cars to Uber drivers. Though the first phase will provide up to 1 000 vehicles, the plan is to increase this to 15 000 within two years. READ MORE

The global warming time bomb keeps ticking

Global warming will increase the earth’s average temperature by 1 degree Celsius this year from temperatures measured during the Industrial Revolution. This is the half-way point toward the maximum tolerable threshold identified by scientists.  READ MORE