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Intermediary association to reveal South Africa’s best financial services brands, as rated by brokers and advisers

      Justus van Pletzen, CEO of the FIA             Stakeholders in the financial services industry are looking forward to the 2015 Financial Intermediaries Association of Southern Africa (FIA) Awards gala dinner, ...
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Advocate Thuli Madonsela: Bolstering governance with CGF

Advocate Thulisile (‘Thuli’) Nomkhosi Madonsela is no stranger to millions of people across the world, and she has been a part of South Africa’s political landscape for many years. Given her notable legal background and vast experience as a Human Rights lawyer and ...
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Criminal or delictual conduct must be proved on tested evidence

      By Patrick Bracher, Director Norton Rose Fulbright South Africa     The Appeal Board of the Financial Services Board recently emphasised that findings of criminal or delictual conduct are only made by courts and lesser tribunals following hearings ...
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Insurance has a big role to play in Africa’s growth, starting now

It is easy to see why Africa is an economic focal point for investors around the world. Even with falling commodity prices, growth in the world’s second largest continent is only projected to fall to 4% in 2015 – which is double Europe’s figure of 1. The International Monetary Fund ...
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Capping of medical malpractice claims – a look at Missouri’s proposed scheme

By Jay Page, Associate Norton Rose Fulbright South Africa The system proposed in Missouri, which allows for an adjustment of the cap depending on the severity of the injury, may represent an attractive option should some form of capping be introduced in South Africa. There is already an existing ...
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From The Glossary »

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Hours Clause:

A clause used in excess of loss reinsurance treaties which limits the time period and/or geographical scope in respect of which the reinsurer is at risk in respect of a particular catastrophic hazard.
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