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South African insurance industry rocked by Insure Group ‘premiums misappropriation’ scandal

13 May 2021 by Alan

Durban in the News:

South African insurance industry rocked by Insure Group ‘premiums misappropriation’ scandal: When the fraud at VBS Mutual Bank was uncovered in 2018, the bank’s implosion pulled away the blanket covering another black hole, of R1.7bn – this time in the insurance sector.

Load reduction schedule: Eskom to implement power cuts in six provinces: Eskom will implement load reduction in the following districts between 5:00 and 9:00 on Thursday, 13 May 2021.

Legal-tech platform promoting access to justice for marginalized communities presented at conference: A student team has pitched Mouthpiece Law, a legal technology platform that aims to reduce the traditional overhead costs for legal practitioners by as much as 50 per cent, at the Collision 2021 …

SA’s Covid cases breach 1.6m, close to 55 000 deaths recorded: Covid statistics media statement, the Health Ministry confirmed that 2 759 new cases were identified, taking the number of confirmed cases to 1 602 031.

EWN Weather Watch: Sunny skies for Jozi & Pretoria, CT set for cloudy day: Clears skies are predicted for most of the interior of the country but the coastal regions can expect a partly cloudy Thursday.

Climate Change Latest: New council launched in KZN: Tragically it is the poor nations and the developing world that remain vulnerable to the threat and the crisis of climate change’ – Zikalala …

Rural nurses ‘swimming upstream’: Nurses working in rural areas in KwaZulu-Natal say a lack of resources and a shortage of staff are major issues for them.


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Quick Durban KwaZulu-Natal Fact: Ushaka Marine World, with 32 tanks, several restaurants and a dolphin and seal stadium, is the 5th largest aquarium in the world.


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Category: NewsTag: African, Group, industry, insurance, Insure, misappropriation’, rocked, Scandal, South, ‘premiums

About Alan

The one with a “My Complex” – incurable but fun. Grumpy, Cynical, Wise and Idiotic. I can also be found HERE.

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