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LAC Seminar 2013 live tweeting complete list

A few people have mentioned that they found my “live blogging” or tweeting of the 2013 LAC Seminar in Cape Town and Joburg useful. I used the hastag #LACseminar2013. I’m repeating all of them here in...

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Sewing seeds of manufacturing growth

The NY Times has a fascinating article on the increasing demand for American made goods, particularly textiles, and the limited supply of labour with the relevant skills. There is plenty more to the...

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When is revenue lost?

In respect for Nelson Mandela’s death and funeral, many retailers closed yesterday for the day. This Business Day article claims a R300m loss for the retail industry as a result. Except, no. Some...

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Paris bans half all of all cars

Ok, only temporarily and the (almost) half that are banned change from day to day. A temporary increase in pollution levels has sparked the emergency measure. I’m fortunate enough to live close to...

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Progress on tax free savings vehicles, but scathing words for life insurers

Read the latest (14 March 2014) document from National Treasury on tax free savings vehicles for South Africa. I think it’s a fantastic idea – both from a policy perspective with carefully designed...

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Sanral with blinkers on and no imagination

I read Nazir Alli’s opinion piece on BDLive this morning. Unsurprisingly, he talks up tolling as the best way to fund roads. Now, I don’t have as strong a view as some that etolls are Universally Bad....

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European deflation risks not deflating

The UK Telegraph (and other sources) are highlighting the rising panic about Euro area deflation. For those Austrian / hard money / gold standard / bitcoin / generally poorly informed amongst you, it’s...

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Norway’s new bank notes

Pretty far from a normal topic for this blog, but at least it relates to money. Norway’s new banknotes Norway has new banknotes or at least they will be 2017. Standard on one side and abstract,...

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Foo Fighters and Munich

Brief personal note. I’m off to the Milliman Life Consultants Forum in the US this week. Looks like an amazing programme covering ORSAs, Solvency II vs EV reporting and many of their software tools....

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Twin Peaks update Dec 2014

Treasury has released a new draft of the “Twin Peaks” or “Financial Sector Regulation Bill“. Plenty to work through here, as with the Retail Distribution Review draft and more, but here is the link if...

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Sanral with blinkers on and no imagination

I read Nazir Alli’s opinion piece on BDLive this morning. Unsurprisingly, he talks up tolling as the best way to fund roads. Now, I don’t have as strong a view as some that etolls are Universally Bad....

View Article

Image may be NSFW.
Clik here to view.

European deflation risks not deflating

The UK Telegraph (and other sources) are highlighting the rising panic about Euro area deflation. For those Austrian / hard money / gold standard / bitcoin / generally poorly informed amongst you, it’s...

View Article

Image may be NSFW.
Clik here to view.

Norway’s new bank notes

Pretty far from a normal topic for this blog, but at least it relates to money. Norway’s new banknotes Norway has new banknotes or at least they will be 2017. Standard on one side and abstract,...

View Article


Foo Fighters and Munich

Brief personal note. I’m off to the Milliman Life Consultants Forum in the US this week. Looks like an amazing programme covering ORSAs, Solvency II vs EV reporting and many of their software tools....

View Article

Twin Peaks update Dec 2014

Treasury has released a new draft of the “Twin Peaks” or “Financial Sector Regulation Bill“. Plenty to work through here, as with the Retail Distribution Review draft and more, but here is the link if...

View Article


31, 151 and what comes next

This is my first new post in over two years. There are many reasons for that, and I may get into that in a future post.  As to why I’m restarting – a conversation with an old friend last night combined...

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Life in our time of cholera?

I love to read, so I’m not proud to admit right upfront that everything I know about “Love in the time of cholera” I learnt in 3 minutes from wikipedia starting about 3 minutes ago. Seems like a book I...

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reserve discount and inflation part 3 is still coming

I need a little more time (read: a weekend) to finish the third part of my series on inflation and discounting for non-life claims reserves.  Keep an eye out for it next week, along with some posts on...

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Collective nouns for cats

In my ASSA convention presentation on systemic risk last week, I took pains to highlight the difference between real systemic risk and mere catastrophic claim risk or even concentration risk. In this...

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Move over cholera, here’s the Black Death

The Black Death, caused by the bacterium Yersinia pestis, wiped out 30 to 50 percent of Europe’s population between 1347 and 1351 Now, South Africa has been placed on high alert for a potential plague...

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