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Arbitration »			Artificial Intelligence »
ASISA Collective Investment Schemes (Unit Trusts) new Fund Classification Standard »			ASISA Financial Planner Forums »
Banking and Finance »			Banking Regulation »
Big Data and the Internet of Things »			Black Economic Empowerment (BEE) »
Blockchain »			Captive Insurance Companies »
Collective Investment Schemes (e.g. Unit Trusts) »			Companies Act 71 of 2008 »
Competition Issues »			Compliance Updates »
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Duty of Good Faith and Disclosure »			Economic and Investment Updates »
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Exchange Traded Funds (ETFs) »			FAIS »
Financial Sector Charter »			Fraud »
Global Economic Outlook »			Governance »
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Insurance Industry Analysis »			Intellectual Property »
Intermediaries Liability Exposures »			Investing in Africa »
Investment Diversification »			Measuring the Value of Financial Advice »
Mergers and Acquisitions Insurance »			New Financial Sector Framework - March 2011 »
Other Glossaries »			Professionalism »
Protection of Personal Information »			Regulatory Reform »
Reputation »			Retail Distribution Review »
Risk Profiling »			Treating Customers Fairly »

From The Glossary »

Aggregate Extension Clause:

This clause is used in connection with liability and professional indemnity reinsurance to provide additional cover in respect of the liability incurred by a ceding company for losses on risks where there is an aggregation or accumulation of policies involved in the same loss (whether issued to the same insured or not). If required by the ceding company, the reinsurance treaty is extended by an aggregate extension clause to protect it against losses ...

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