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Knowledge Base

WITS INSURANCE AND RISK MANAGEMENT COURSE

A common oil fire

This is a dramatic video (30-second, very short) about how to deal witha common kitchen fire. oil in a frying pan. Read the followingintroduction, then watch the show. It's a real eye-opener!! At the Fire Fighting Training school they would demonstrate this with adeep fat fryer set on the fire ...

Assignment April 2008: Duty of Disclosure

This years assignment invloved a theoretical test case concerning the failure of an insured to disclose an adverse financial situation at the time of negotiating an insurance contract and the consequences thereof following the reporting of a large fire claim during the first period of insurance. A selection ...

Assignment April 2009: The right of subrogation between two insurers

This assignment focuses on the controversial case of Rand Mutual Insurance Company v the Road Accident Fund, where the good Judge allowed the insurer to exercise the right of subrogation in their own name.

Assignment April 2011: Miners and Occupational Related Diseases

This assignment focuses on the rights of miners to civil and statutory claims for occupational related diseases.

Assignment April 2012: Indemnity and Subrogation

This assignment looks at the issues of indemnity and subrogation.

Assignment September 2012: Duty of Disclosure; Brokers’ Professional Liability

Claims Made versus Occurrence basis of cover

A short description of the difference between the claims made and occurence basis of cover on liability policies.

Directors and Officers Liability Articles and Dissertations

Flooding Claims and Insurance

Robert W. Vivian Professor of Finance and Insurance University of the Witwatersrand Conference of the Institute of Loss Adjustors Johannesburg - 7th May 2009.

IG Insurance Industry Structure

Overview of IG and the insurance industry structure in South Africa.

What is a claim versus a Circumstance

WITS Honours Research Report by Justin Keevy November 2011.
 

Knowledge Base Categories »

A Common Household Oil Fire »  Accident Fact Kit »
Basic Business Guidelines (ex MM III) »  Case Law »
Companies Act 71 of 2008 »  Company Results »
Competition Issues »  Compliance Updates »
Conflict of Interest »  Consumer Protection Act 2008 »
Contract Certainty »  CPI Workshops: Insurance Pricing Seminar 2006 »
Credit Insurance »  Demarcation between Health Insurance Policies and Medical Schemes »
Disability Claims »  Duty of Good Faith and Disclosure »
Education and Training »  Ethics in Business »
Extra Compensatory Damages »  FAIS »
Financial Condition Reporting »  Financial Sector Charter »
Flood Damage »  Fraud »
Genetic Testing »  IBNR Reserves »
Industry Codes and Standards »  Industry Results »
Industry Structure »  Insurance Cycles »
Insurance Industry Analysis »  Insurance Industry Surveys »
Insurer Capital »  Interesting and Unusual Risks »
Intermediaries Liability Exposures »  Investing in Africa »
Liability »  Micro-insurance »
Motor Vehicles »  Multi National Insurance Programmes »
New Financial Sector Framework - March 2011 »  Newsletters »
Other Glossaries »  Piracy Risks »
Political Risks »  Power Outages »
Professional Indemnity »  Professionalism »
Re-insurance »  Regulatory Environment »
Reputation »  Risk Management »
Road Accident Fund Act (RAF) »  Solvency Assessment Management (SAM) »
Treating Customers Fairly »  Tsunami »
Underwriting Managers »  WITS Insurance and Risk Management Course »

From The Glossary »

Empowerment Funds:

These funds seek maximum capital appreciation by investing in South African "black chip" companies. These companies have substantial black control and actively contribute towards black empowerment via their labour practices, trade union representation and social and environmental involvement. These funds invest across all sectors of the JSE.
More Definitions »

 
 
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