The High Court confirms a Tribunal decision that the appointment of directors of insurance companies can be regularised retrospectively. It underscores that section 14 of the Insurance Act does not require the Prudential Authority’s pre-approval.
The judgment confirms that the Tribunal acted within its authority when it reduced a penalty imposed by the Prudential Authority on two state-owned insurers.
The Board of Healthcare Funders says it will appeal after the High Court dismissed its application on procedural and substantive grounds.
Another attempt by the Road Accident Fund to contest liability based on the ‘majority decision’ against Discovery Health has fallen through.
A little-known legal provision can have major consequences for divorced individuals who do not update their wills.
The decision in favour of Momentum Metropolitan Life affirms the importance of substance over form in electronic surety agreements.
The policyholder inflated her earnings and failed to disclose a simultaneous application with another insurer, materially affecting the risk assessment.
The High Court rules that surveillance evidence is lawful under POPIA when it serves the defence of a legal right. The ruling allows Netcare to use the evidence in its defence against a multimillion-rand lawsuit.
The Supreme Court of Appeal did not address the substantive issues, finding that a change in circumstances rendered the appeal moot.
The High Court overturns a lower court’s decision in favour of a financial adviser whose commissions were clawed back.
The High Court in Cape Town rejects the Road Accident Fund’s contention that the Mlambo judgment has altered the legal landscape.
A regulatory expert believes the judgment misinterpreted key legal principles in its ruling on the RAF’s obligation to reimburse medical schemes.
The Department of Basic Education has filed a review application, aiming to have the notice barring the publication of the matric results declared unconstitutional.
The judgment strikes down restrictive aspects of the grant regulations, ordering the government to increase the grant and ensure that no eligible applicants are excluded.
The High Court confirms the Prudential Authority’s right to challenge Tribunal decisions while affirming the limits of retrospective penalties.
The High Court describes the municipality’s persistent challenges to the fund’s applications as an example of the destruction of the country’s constitutional ethos.
The Engineering Industries Pension Fund and the Metal Industries Provident Fund use the personal liability provisions in the Pension Funds Act.
