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POSTPONEMENT NOTICE: SAIA BREAKFAST SESSION 2020

Following the national disaster declaration made by the President of South Africa, Mr Cyril Ramaphosa, on 15 March 2020 around the spread of the coronavirus, the South African Insurance Association (SAIA) has decided to postpone the SAIA Breakfast Session which was to be held on 19 March to a later ...
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Allianz: 5 sustainability trends to watch for companies

Companies can potentially face reputational damage or legal liabilities if they fail to appropriately manage environmental, social and governance (ESG) issues. Allianz Global Corporate & Specialty’s ESG team identified key trends to watch: climate change, water management, preserving biodiversity ...
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CORONAVIRUS Q&A: KNOW YOUR EMPLOYMENT RIGHTS

Aadil Patel, National Head of the Employment practice and Anli Bezuidenhout, Senior Associate in the Employment practice at Cliffe Dekker Hofmeyr   The COVID – 19 (or "Coronavirus") is spreading. In this alert, we answer some of the most pressing questions that have ...
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Are joint life policies the way to go for married couples?

Schalk Malan, Chief Executive Officer at BrightRock   Having life insurance cover is definitely something married couples should prioritise, and some think that having a joint life policy means better premiums and less hassle. But there are a few other factors couples must consider before ...
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Financial planning is a must-have

South Africans are indebted as they consistently depend on credit cards to pay for day-to-day expenses. This year’s State of the Nation Address (SONA) speech delivered by President Cyril Ramaphosa made mention of starting a sovereign wealth fund to “preserve and grow the national endowment ...
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From The Glossary »

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Retrocede:

To transfer liability in respect of all or part of a reinsurance portfolio, or reinsured risk, from one reinsurer to another. For example: A accepts from B and then in turn reinsures with C a whole or part of the reinsurance assumed from B. The reinsurance ceded to C by A is called a retrocession.
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