Telecoms firms entering profitable segment of insurance market

Telecoms firms entering profitable segment of insurance market.  What’s interesting here is that Vodacom have obtained a licence to sell insurance and MTN apparently already has a licence. With all the regulatory change (SAM, TCF, POPI et al) going on in the insurance market it requires view of significant volumes and profits to warrant the complexity and costs of a new licence.

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.