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South African Institute of Financial Markets

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Tel: 011 6431664
Fax: 011 6435770
Address:
7 St Davids Place, 2nd Floor
Parktown
Johannesburg
2193
South Africa
Postbox:
Postnet suite 324, Pvt Bag x 30500, Houghton
2193
South Africa
Scope:
Gauteng.
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 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.
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From The Glossary »

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Surplus Reinsurance:

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.
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