The Insurance Gateway® team is excited to share our new website with you. Given our strategic objectives for 2019 and the fact that our last website redesign was over five years ago, we decided on a much anticipated mid-year launch. za was founded in 2005 by the late Michael Stoker as an insurance and financial ... Read More »
It is sometimes, incorrectly, thought that mere non-disclosure by an insured of any fact/s entitles the insurer to avoid the insurance policy. This is not so. The non-disclosure, or if it is a positive false disclosure, the misrepresentation, must be wrongful. It is not sufficient that it is simply false or misleads ... Read More »
Surgery is becoming ever more sophisticated and complex, and the rise of the super-specialist surgeon complements a modern world in which what we know about the human body is constantly evolving and improving, says Aneesa Bodiat, head of Legal at Natmed Medical Defence. But the success of surgery is never guaranteed, ... Read More »
Readers will have read of the enormous pressure placed on both the public and private healthcare sectors by an ever-increasing number of medical malpractice claims and quantum of awards or settlements of those claims. The contingent liability of the Provincial Health Departments for medical malpractice claims is astounding, ... Read More »
FSCA commissioner, Mr Abel Sithole has appointed Ms. Kedibone Dikokwe as the Divisional Executive: Conduct of Business Supervision, effective from 1 July 2019. This is the division that supervises the way financial institutions interact with their customers. Dikokwe will oversee the implementation of the FSCA's ... Read More »
The commission payable to a ceding company in addition to the normal commission allowance. It is an agreed percentage of the net profits of the reinsurance ceded, calculated in accordance with a stipulated formula.