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Clyde & Co.

South Africa: Caution to insureds seeking to obstruct an insurer's access to information

 

In what is a rare win for an insurer in recent times, the court’s judgment in Musa v King Price Insurance Co on 9 May 2022 highlights the importance of insureds abiding by their claims cooperation obligations. The court's ..

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Webber Wentzel

Third party cell captive conduct standard tabled in Parliament

The long-awaited conduct standard, "Requirements relating to third party cell captive insurance business" (2022 Conduct Standard), together with the Statement of Need and Intended Operation as well as the Consultation Report, was tabled in the National Assembly and Nation..

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Fasken

Enhanced protection for financial customers: Proposed amendments to the 2017 Policyholder Protection Rules

The Financial Sector Conduct Authority (“FSCA”) has announced certain proposed amendments to the Policyholder Protection Rules (“PPRs”) for both life and non-life insurance. 

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N. Dowuona & Company

Ghana's New Insurance Act, 2021 (Act 1061)

Parliament recently passed the Insurance Act, 2021 (Act 1061) to replace the Insurance Act, 2006 (Act 724) and to provide for the regulation and supervision of the insurance market. Act 1061 creates three main licence categories under which ..

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