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Interpretation: The nature of a deeming provision

    Patrick Bracher, Director Norton Rose Fulbright South Africa Inc.       In a curious case relating to the escape of wild animals the court analysed the nature of a deeming provision in a statute. It found that a deeming provision may deem ...
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Guardrisk Group ratings confirmed

International rating agency, Moody’s Investor Service, recently confirmed the ratings assigned to three companies in the Guardrisk Group, which is a subsidiary of JSE-listed MMI Holdings. Guardrisk Insurance and Guardrisk Life are both rated Baa3 on the global scale and Aaa. za on the ...
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Attorney firms warned against new wave of targeted cyber attacks

    Christopher Appanah Claims Team Leader (PI and Liability) SHA Specialist Underwriters         Corporate companies are by no means immune to cybercrime, with McAfee’s latest report1 indicating that it cost the global economy ...
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Deanin Jadean to head up MidCorp in Africa on behalf of AGCS Africa

            Deanin Jadean, AGCS Africa                   Johannesburg: Deanin Jadean, currently Head of MidCorp for Allianz Global Corporate & Specialty (AGCS) Africa, ...
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Pivotal industry updates under discussion at the Digitisation and Cyber Security Conference

Being one of the top 5 economic crimes reported in South Africa, cybercrimes, affect losses of about R1 billion annually. Although the financial services industry works to improve their protection systems and cyber security, there is an ever-present concern for constantly evolving threat landscape in ...
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From The Glossary »

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Dependent (Pension Fund):

Dependent, in relation to a member of a pension fund means: _ a person in respect of whom the member is legally liable for maintenance; _ a person in respect of whom the member is not legally liable for maintenance, if such person: – was, in the opinion of the person managing the business of the fund, upon the death of the member in fact dependent on the member for maintenance; – is the spouse of the member, including a party to a customary union ...
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