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Consort Technical Underwriting Managers News

10 Important Points of the Cost of Underinsurance

8th April 2024 by George Jennings & Kobus van Niekerk 1.Introduction to underinsurance 

Consort Technical Underwriting Managers (Pty) Ltd

19th January 2024 When undo is not an option by George Jennings & Kobus van Niekerk It is important to bear in mind that insurance requirements should be up to date and comply with the key insurance terms and conditions. 

The Insurance Tree: Introduction

5th October 2023 The ‘magic’ of insurance Whether a natural or legal entity, we are all subject to risk. Sometimes with unpleasant consequences. Often, people take risks deliberately with the intention to make a profit. It is sensible to take the necessary precautions considering the financial consequences of... 

Thinking about the consequences of Consequential Loss

17th August 2023 When it comes to Engineering Insurance Consequential Loss, there are various policies that can be considered. These policies are designed and intended to provide for Consequential Loss following an indemnifiable event under the prevailing material damage policy. Some of the examples are:... 
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Delayed coal decommissioning won’t ‘collapse our climate commitments’

The Presidential Climate Commission (PCC) is currently assessing the impact of South Africa’s decision to delay the decommissioning of the Hendrina, Grootvlei and Camden coal-fired power stations on the country’s Nationally Determined Contribution (NDC), which outlines the country’s... 

CEF's Sapref refinery purchase raises clean-up concern

South Africa’s purchase of the nation’s largest refinery from Shell and BP for a symbolic R1 will transfer the environmental liability of the site to the government, according to a local advocacy group. The state-owned Central Energy Fund, which manages South African energy assets, agreed to buy... 
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