Seems Rudco is to be probed by the National Credit Regulator (NCR) for their business practices. Too soon to get too excited, because the NCR is forced to investigate once it has received complaints (or so I understand). Will be very interesting to follow this story.
Published by David Kirk
The opinions expressed on this site are those of the author and other commenters and are not necessarily those of his employer or any other organisation. David Kirk runs Milliman’s actuarial consulting practice in Africa. He is an actuary and is the creator of New Business Margin on Revenue. He specialises in risk and capital management, regulatory change and insurance strategy . He also has extensive experience in embedded value reporting, insurance-related IFRS and share option valuation. View more posts