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Climate risk management requires ongoing capacity building and capability development, especially for banks and insurers that are highly susceptible to climate-related risks.
South Africa’s Constitutional Court is advancing equality by overturning gender-based legal restrictions, ruling that, among other reforms, husbands can now take their wives’ surnames. This landmark decision signals more than just a technical legal change, it reflects a broader commitment to fairness, equality, and personal choice in family life.
The English High Court’s decision in Royal & Sun Alliance Insurance Ltd & Ors v Equitas Insurance Ltd [2025] EWHC 2704 (Comm) provides important guidance on the interpretation of back-to-back excess of loss reinsurance policies, particularly in relation to clauses dealing with defence costs, claims cooperation, and the following of settlements.
A recent decision of the Financial Services Tribunal underscores a crucial distinction in pension law — the jurisdictional boundary between approved and unapproved benefits.
The strongest deterrent against FSP compliance missteps is or should be: