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Mutual & Federal Sale Terminated

November 2008

The competitive sale process by Old Mutual plc to dispose of its majority shareholding in leading insurer Mutual & Federal has been terminated. 

Extremely difficult and rapidly changing global economic conditions have lead to the termination of the sale process.

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R500 Million Paid In OUTbonuses

“R500 million is a significant amount to have paid to clients.  We have also noted the benefit of clients managing their risks more carefully in order to protect their OUTbonuses.

This has assisted OUTsurance in keeping premiums affordable and offer even better value for money.”

Short Term News

»  Mutual & Federal R23 Million Loss

»  Insurance fraud set to hit hard

»  Under-Insurance: You're At Risk!

»  Blackouts - Are you insured?

»  Is your home properly covered?

»  Short Term Insurance Costs

»  Avoid disaster during holidays

»  Santam to simplify policy wordings

»  Keeping three eyes on the road

»  SA Eagle now Zurich Insurance

»  Car Rental Insurance investigated

»  Steffen Gilbert quits as Santam CEO

»  Santam's taxi insurance policy

How Much Life Cover Is Enough?

Not having enough life cover is just as dangerous as not having life insurance at all.  Then how much is enough?

Life Insurance News

»  Your RA is better than you think

»  Retirement - The Final Frontier?

»  Reviewing life assurance policies

»  Under 35s more financially savvy

»  Liberty lifts lid on medical cover

»  Channel Life set for more growth

»  Sanlam launches investment plan

»  Ovation P/H offered assurances

»  Skin cancer one of top four claims

»  Check RF statements regularly

»  Portions:  We're eating too much

Investment News

What Could the 'Eskom Effect' be?

When we look back at 2008 property data in years to come, will an 'Eskom Effect' be visible?

»  Investors cautious of equities in 2008

»  Residential Property in 2008

»  ABSA warns clients about SIM swap

»  Who wants to be a millionaire?

»  OM's inflation+ pensioners bonus

»  Stop Loss Strategy

»  Boost To Encourage SBA

Medical Schemes

»  Choosing a Medical Aid

»  Dis-Chem in price fixing battle

»  Optometrists outraged - new regulation

»  Being without medical aid - unaffordable

»  Avoid wasting medical scheme benefits

»  Medical Aid Members' Rights and Duties

»  More dying of cancer than HIV/AIDS

»  Medical Schemes - What you didn't know

»  Prime hunting season for medical aids

»  SA gets a new Medical Aid - for pets!

»  Schemes revolt against kick-backs

»  SA still not prioritising Medical Aid

»  SA Schemes conned by patients

»  Medicover partners with Lions

»  Sick patients held to ransom

Regulatory Bodies News

»  Medical Aid Schemes Complaints

»  CM vital for long-term insurers

»  Curatorship of Fidentia AM

»  Fidentia placed under curatorship

»  Aggressive tax structuring

Personal Finance

»  ITInews launches digital magazine

»  Older people going hungry

»  How to save to buy a home

»  Safest way to sell your car privately

»  Identity Theft on the rise

»  SMME Benefits in 2008 Budget

»  Insurers' Sights on Self-Service

Product Focus

Hints & Tips

Wondering how you can reduce your short term insurance premiums?  See our tips for saving on household and car insurance.

History of Insurance

A look at the history of insurance - where and how it all started.

Cheap Insurance Premiums

Insurance Terms Explained

Do you struggle to understand some of the insurance terms used by the insurance industry?  See the glossary of insurance terms.

Life Cover

What exactly is life cover and how does it work?

Understanding Insurance

Definition of Insurance

The general definition of insurance is explained here.

Insurance Newsletter