In the news today: The financial services industry is the least trusted sector according to the annual Edelman Trust Barometer, Bryte Insurance’s crime tracker shows crime against South African businesses accelerated by 30% in the third quarter last year, and financial services group Vunani has acquired a majority shareholding in Metropolitan Life Swaziland

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Financial services come last in latest global barometer

Edelman Intelligence reports that trust in the financial services industry is stalling after five years of steadily increasing trust after the global financial crisis.  READ MORE

Crime levels spike, but hijackings down: Bryte

Bryte Insurance has released its latest crime-tracker report, for the period July to September 2018. The highest growth in crime levels occurred in the third quarter last year, peaking at 30.3%.  READ MORE

Vunani acquires majority shareholding in Metropolitan Life Swaziland

The financial services group has acquired a majority stake of 67% in MMI’s Eswatinin insurance business, Metropolitan Life Swaziland.  READ MORE

Western National boosts short-term management team

Niche insurer Western National welcomes Marcel de Jager, Nicolene Reinders and Jan-Hendrik Botha to its short-term management team.  READ MORE

Insurers can leverage digital transformation ahead of IFRS17: SAP

Darrel Orsmond, Head of Financial Services at SAP Africa, says that insurers stand to benefit immensely from the process of digital transformation required to comply with IFRS17.  READ MORE