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Coronavirus and its effects on international trade and insurance

The deadly novel coronavirus outbreak (2019-CoV) has resulted in passenger and cargo ships being quarantined around the world, partial and complete travel bans to parts of China and shipping and airlines being unable or unwilling to deliver cargo to the contractual destination. Malcolm Hartwell, ...
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Euthanasia 44 years later: a case of deja vu

The debate around euthanasia and its legal implications has stirred again due to the recent case of Professor Sean Davison, charged with three counts of murder in circumstances where the deceased’s had asked him for assistance in their deaths. Understandably, faced with a very long prison sentence ...
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The man who couldn't die...

Professor Pieter Carstens   Insurance Gateway attended Norton Rose Fulbright’s Health Law Practice and Professor Pieter Carstens presentation on Wednesday, 29 January 2020. Where Professor Carstens shared his journey from being diagnosed with aggressive squamous cell carcinoma of the ...
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Cyber attackers’ home in on South African businesses

Ransomware industry flourishes in SA while business are largely unprepared for the business interruption and financial fallout of a breach   In a recent Carte Blanche episode, the investigative news programme revealed that South Africa had faced a number of major cyberattacks during 2019 ...
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SELECTING THE WRONG DIRECTORS FOR THE SOE AND SOC BOARDS HAS BEEN DISASTROUS

By Terrance M. Booysen and peer reviewed by Jene’ Palmer CA(SA) (CGF Lead Independent Consultant)    As most South Africans eagerly awaited some reprieve from a year of constant and negative bombardment, be this over matters such as a massively contracted economy, rising unemployment, ...
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From The Glossary »

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External Competition:

Insurers and pension funds are not only in aggressive competition with one another, but also with other contractual savings schemes (such as unit trusts). Over the years there has been a growing tendency for life insurers to compete more aggressively for personal savings. The need for this change became acute because of the rising level of inflation. Contributors to insurance policies saw the value of their contributions turned over to them at a ...
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