Latest news with #deKock
India Gazette
14-05-2025
- Sport
- India Gazette
IPL 2025: Quinton de Kock set to rejoin Kolkata Knight Riders squad ahead of RCB clash
New Delhi [India], May 14 (ANI): South Africa wicketkeeper batter Quinton de Kock is set to rejoin the defending champions Kolkata Knight Riders squad in Bengaluru on Thursday ahead of the resumption of the Indian Premier League (IPL) 2025 on May 17, according to ESPNcricinfo. There was uncertainty over de Kock's involvement in the remainder of the tournament until Tuesday evening, but since he has confirmed his availability for the rest of the tournament, which will resume with Kolkata squaring off against Royal Challengers Bengaluru at the M Chinnaswamy Stadium on Saturday. According to ESPNcricinfo, most overseas players, including left-arm quick Spencer Johnson, whose return to India was uncertain, have confirmed their availability. Last week, the BCCI suspended the tournament for a week due to the cross-border tensions between India and Pakistan. KKR's Caribbean stars Sunil Narine, Andre Russell, Rovman Powell and team mentor Dwayne Bravo were in Dubai since the tournament was suspended for a week. According to ESPNcricinfo, Narine and Russell boarded a flight to Bengaluru from Dubai and are set to arrive on Wednesday afternoon. South Africa tearaway Anrich Nortje will join KKR in Bengaluru from the Maldives. According to ESPNcricinfo, KKR's Indian players and support staff will arrive in batches in Bengaluru on Wednesday evening. The defending champions are in a precarious situation regarding their title defence. The beleaguered Kolkata side is in the seventh spot, hanging in the playoffs race by mathematical calculations. KKR is sixth in the standings with 11 points, and their remaining two fixtures against Sunrisers Hyderabad and Royal Challengers Bengaluru are do-or-die affairs. If the Knight Riders stand triumphant with two wins, they will move to 15 points and will hope for other results to fall in their favour to keep their title defence alive. For their upcoming fixture against Bengaluru, ESPNcricinfo reported that KKR will hold two training sessions at the M Chinnaswamy Stadium on Thursday and Friday evening. (ANI)
IOL News
25-04-2025
- Business
- IOL News
Is your insurance cover adequate in a volatile rand environment?
Times are tough, geopolitical tensions are high in global markets, and South Africa is not immune. Continued pressure on- and depreciation of the rand – largely due to factors outside of our control – fuel fears and add financial strain to a struggling economy, which already needs to deal with successive VAT increases over the next two years. These developments have an impact on all business sectors, including the insurance industry. This is according to Ryno de Kock, head of distribution at PSG Insure, who unpacks how rand volatility and depreciation could be impacting your insurance cover, both from a business and personal insurance cover perspective. A weaker rand means imported goods cost more Most consumer goods in South Africa – including cars, electronic devices, and household appliances – are imported. 'A weaker rand means that all these items cost more – which in turn means that their replacement values increase. Insurance companies are likely to experience higher claim values as the rand depreciates and may in time have to increase insurance premiums to cover these,' says de Kock. Don't skimp on adequate cover While this is not good news for households and businesses already under pressure, it is crucial not to cut corners on financial protection. 'Global development aside, your home or business still has the same risks they did before. But the consequences of a loss that is inadequately covered by your policy will be more severe now. As the replacement costs of goods increase, it becomes more difficult – and in many cases impossible – to cover shortfalls out of your own pocket,' he says. Therefore, it is important to bear the impact of the depreciating rand in mind when reviewing your premiums and evaluating whether your cover is sufficient. Review your situation Have a look around your house, or your business. How many items are imported, and what will it cost to replace these if they must be replaced with a weaker rand? First on your list at home is probably your flat-screen TV, followed by your laptop and cell phone – but if you look more carefully, you'll find that almost every item would be more expensive to replace due to the weaker rand. 'At your business, the most obviously affected items will be trading stock, electronics and specialised machinery. The increasing cost of imported stock as the currency rapidly declines can be catastrophic for your business if you don't have contingency plans in place.' Calculate your costs Let's consider how a 10% decrease in the rand affects your insurance. Perhaps the estimated value of the home electronics included in your home contents insurance is around R200 000 but would now cost R220 000 to replace. Additionally, the increased cost of importing vehicle parts is another consideration. As de Kock suggests, 'The best way to protect yourself – or your business – is with a carefully thought through insurance plan that covers you at the full, present-day replacement cost of any items that may be lost or damaged.' Stay covered Most of us don't monitor the exchange rate daily, and it's only one of the many factors that could impact the adequacy of the insurance cover we have in place. This is where the expertise of a qualified short-term insurance adviser is invaluable. If you are unsure about your current level of cover or the replacement values accounted for in your policy, speak to your adviser and give yourself that additional peace of mind. 'Remember that you don't need to wait for your annual policy review to update your insured value and can do so more regularly – such as every six months or whenever you acquire something new that would increase the cover you need,' de Kock says. PERSONAL FINANCE
