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The Conduct of Financial Institutions Bill ("COFI") will, once finalised and enacted, disrupt the regulation of the financial sector.

Whilst the dust seems to have settled and the talk of recent riots and violence has calmed down, the vast majority of affected businesses are still grappling with the aftermath of the chaos.

Global law firm Clyde & Co has today announced the appointment of Lee Astfalck and Wim Cilliers as Partners in its leading Insurance practice in South Africa.

The festive season is upon us, and everyone is eagerly looking forward to their much-needed break. It is the "crazy season," with lots of buying, travelling, partaking in various adventurous activities, etc.

A large insurance company's application to rescind a court order, granted by default, was dismissed with costs in the High Court of South Africa, Gauteng Division, Pretoria.

In ISMIE Mutual Insurance Co. v. Pergament, an Illinois appellate court reaffirmed a core principle of professional liability insurance: indemnity is not triggered unless the insured becomes legally obligated to pay damages.

On 12 April 2021, the policyholder, Mr Mavela, was involved in a motor vehicle collision on the R26 road between Hobhouse and Wepener in the Free State Province.

This Communication follows the recent judgement of the High Court, Gauteng Local Division, Johannesburg in the matter of Nell and Others v Constantia Insurance Company Limited and Others.

This article discusses the lawfulness of the rejection of a claim for the theft of a motor vehicle in circumstances where the insurer alleged that the insured had been dishonest about facts...

The interpretation of what constitutes a claim under a claims-made policy is often a contentious issue. Ambiguities in policy wording frequently lead to disagreements...

Insurance is the practice of protecting finances and investments, and has existed for thousands of years. It has changed dramatically since its inception, but the concept has remained the same.

It is that period where there are many pressing things which preoccupy people's minds, such as school/university fees, finalising the last errands before heading back to work, etc.

With our South African diversity, it is not surprising that we have several major annual events, where people gather and celebrate, in the same spirit.

On 11 April 2001, spectators poured into the iconic Ellis Park Stadium in Johannesburg for the world famous Soweto derby football match between Kaizer Chiefs and Orlando Pirates.

A Johannesburg High Court recently dismissed a plaintiff's insurance claim after more than thirteen years of inordinate delay and failure to prosecute.

The employer made a claim against the guarantor in terms of a construction guarantee following upon the cancellation of a building contract, on the grounds of the contractor’s alleged breach of contract.

A far-reaching judgment was recently given by the Cape Tax Court dealing with the fiscal consequences of a taxpayer acquiring a so-called living annuity. In particular, the taxpayer invested an amount of approximately R6million into a life annuity which gave him an initial guaranteed income of approximately R42 000 per month. These amounts could be revised annually at the insistence of the taxpayer, subject to the taxpayer being limited to directing the insurer to pay amounts equal to not less