WEAK ECONOMIES TEST THE HEALTH OF LIFE INSURERS
South Africa’s life insurers make for difficult comparisons. Covering a diverse range of target markets, territories and business activities, they can hardly be lumped together.
Competition for market share is at its fiercest, best captured by increasing advertising spend by giants such as Sanlam.
For most investors the only relevant metric will be the dependability of growth and a dividend, something that will become more challenging as economic growth continues to flag. The outperformers in recent years, and for contrasting reasons, in the insurance sector are Discovery and Sanlam.
Sanlam’s solid track record stems from savvy acquisitions in developing markets on top of a stable earnings base back home, while Discovery has set out to give birth to new business units that will play disruptor. Read more
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Article credit: Sunday Times, 04/09/2016 - Business Times
SECOND ANNUAL FAIRTREE SIMONSBERG CONTOUR PROMISES EVEN BETTER RIDING
After the devastating fire of January 2016, the inaugural Fairtree Simonsberg Contour MTB stage race overcame serious challenges and presented riders with a premier winelands riding experience. In February 2017, Fairtree Capital in collaboration with the Simonsberg Conservancy, landowners and Stellenbosch event organisers Dirtopia, will present riders with the 2nd edition of ‘The Fire Ride’ where riders will get a chance to experience the recovering Simonsberg Conservancy.
The 2017 event is set to take place on the 4th & 5th of February 2017. Click here for more info on the route and how to enter.