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After many discussions around the fact that we need a hardening market, we have seen some signs of this happening. The question remains: is there really a hardening insurance market, and do the previous cycles of soft and hard insurance markets still exist?
An increase in class action suits could result in problems for event organisers if they do not have the correct liability cover in place, says Deon Francis, Partner and Head of Personal Injury Department and Joint Head of the Insurance Sector at Hogan Lovells.
South Africa still has, strangely enough, exchange controls limiting the ability of residents to invest their own money outside of South Africa. This limits residents’ ability to diversify the country risk.
Since the release of Davis Guggenheim’s An Inconvenient Truth in 2006, the environmental impact of companies’ operation has started to come increasingly under the spotlight, with heightened public, media and government scrutiny around the world.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?