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South Africa, China lift ties to a new level

South Africa and China have entered into several agreements that will enable economic growth and educational opportunities, the Presidency said on Monday. One agreement signed during the state visit by President Cyril Ramaphosa – on investment and trade promotion between the two countries – ...
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Associated Compliance Newsletter 068 – August 2018

The August 2018 Associated Compliance Newsletter has been published in the Insurance Gateway® Knowledge Base. The compliance landscape has become increasingly time consuming and complex to navigate. It will therefore be well worth your time to read the latest edition of the Associated Compliance ...
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World Economic Forum Announces Record Participation for Summer Davos

More than 2,000 leaders from government, business, science and civil society will participate in the Annual Meeting of the New Champions 2018 Record number of participants from 111 countries For more information about the meeting, please visit: http://wef. ch/amnc18 Follow the conversation using ...
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Solid financial delivery by Old Mutual Limited and R46.8bn to be returned to shareholders

Johannesburg: Old Mutual Limited (OML) today announced its first interim results since its primary listing on the Johannesburg Stock Exchange in June 2018, and confirmed it was making good progress on its strategic priorities. It stated its solid financial delivery in a tough operating environment, ...
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Importance of RE Qualifying Criteria

In response to a recent enquiry from a candidate, it is important to highlight the absolute necessity to ensure that you take into account the qualifying criteria when preparing for the regulatory exams. Firstly, we want to emphasise that studying the Preparation Guide is in fact the very first step ...
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From The Glossary »

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50% Method:

A method of calculating unearned premiums in short-term insurers. The method calculates UPR of 50% of premiums written for the year. It is based on the assumption that the average date of issue of all policies written during the financial year is the middle of the year. This method is generally used only by reinsurer’s where detailed information on inception dates of risk is not available.
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