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- Legal Liability facilities now in place to cover a broad range of risks up to R400 million with Lloyd’s.
- The worldwide financial crises and economic woes will see Professional Indemnity and Directors & Officers Liabilty claims expected to exceed US$ 10 billion.
- Financial Security of Insurance Companies now of paramount importance.
- In harsh economic times, poor company results and declining equity markets litigation against Professionals tends to rise dramatically.
- Read about the Bernie Madoff scandal: click here
| The R10bn betrayal |
South Africas wealthy were duped into investing in the fraudulent Ponzi scheme. | | | | Click to read more ... |
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