Tribunal: clear separation of first-party and third-party risks within cell structures
The decision clarifies the boundaries and regulations concerning reinsurance business conducted through cell captive structures.
A High Court hears details of an elaborate fraud in which scammers cleaned out a bank account and bought cryptocurrency from a part-time trader.
Read moreThe decision clarifies the boundaries and regulations concerning reinsurance business conducted through cell captive structures.
The Authority instructs Hernell Funerals to cease operating as an unauthorised FSP and insurer.
One of the businesses admitted to issuing more than 4 000 policies and collecting R14 million in premiums without having a licensed underwriter.