Address: 7 St Davids Place, 2nd Floor
Postbox: Postnet suite 324, Pvt Bag x 30500, Houghton
The SAIFM is a professional institute that strives to promote professionalism and integrity in the financial markets. To this end, it offers various examinations and workshops in the fields of securities, bonds, derivatives, money market and forex.
An agreement whereby the ceding company is bound to cede and the reinsurer is bound to accept the surplus liability over the ceding companies retention limit. This limit is referred to as a line and the surplus treaty is often expressed in lines.