RMB Structured Insurance Ltd v Danresa Boeedery (Pty) Ltd (72663/2012)
RMB Structured Insurance Ltd v Danresa Boeedery (Pty) Ltd (72663/2012) [2015] ZAGPPHC 1088 (20 August 2015)
The court held that non-disclosure of cancellation of prior cover and financial distress was material, allowing the insurer to avoid the policy and recover an interim payment.
- Insurance Non Disclosure
- Materiality Of Risk
- Short Term Insurance Act
- Moral Hazard
- Quantum Postponement
- Insurance-non-disclosure