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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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Negligent failure to perform caesarean section in time (UK)

The claimant, suing the UK National Health Service, had a medical history of having undergone two caesarean sections and a tear to her womb. Her fourth pregnancy was therefore regarded as “high risk” and her treatment plan provided for an elective caesarean section. She brought a claim against ...
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Risk challenges and economic outlook set to make 2020 another challenging year

Opinion by Gary Jack, Country President of Chubb Insurance South Africa. Businesses are facing a number of major challenges as we start 2020: Global growth is slowing, Middle East tensions are rising and concerns about trade remain. Closer to home, the economic outlook for South Africa is ...
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Euler Hermes Global Insolvency Index: Insolvencies expected to rise by 4% in South Africa

The upward trend in business insolvencies continued in 2019 for the third time in a row: +9% year on year, according to Euler Hermes Global Insolvency Index, which covers 44 countries that account for 87% of global GDP This year, business failures will rise again for the fourth consecutive year: ...
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NATSURE JOINS COMPASS INSURE PARTNERS

Natsure Underwriting Managers (Pty) Ltd (“Natsure”), announced today that they are partnering with Compass Insurance Company Limited (“Compass Insure”). Effective 1 April 2020 they will operate as an Underwriting Manager on behalf of Compass Insure. The move to Compass ...
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Actuarial Balance Sheet:

A statement of assets and liabilities of a life insurer drawn up according to the financial soundness basis of valuation.
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