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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) »
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Collective Investment Schemes (e.g. Unit Trusts) »			Companies Act 71 of 2008 »
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Intermediaries Liability Exposures »			Investing in Africa »
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Mergers and Acquisitions Insurance »			New Financial Sector Framework - March 2011 »
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From The Glossary »

Ultimate Net Loss:

Used in reinsurance treaties to refer to the ceding company’s loss which is reinsured by the treaty. It represents the sum or sums paid by an insurance company in settlement of all losses arising out of one event. It includes any litigation or other expenses incurred in connection therewith, but excludes any charge for the services of any salaried employee of the insurer in connection with the investigation of claims less all recoveries, whether ...

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