Fern Finance (Pty) Ltd and Another v Financial Services Tribunal and Others (13261/2021) [2022] ZAGPPHC 746 (13 October 2022)
Court
North Gauteng High Court, Pretoria
Case number
13261/2021
Judge
Potterill
The court found that Fern Finance was engaged in issuing guarantee policies as defined under the Short Term Insurance Act and was required to be registered accordingly, regardless of its registration under the National Credit Act. The Tribunal's decision to impose penalties, including licence withdrawal, debarment, and a R3.5 million fine, was rational, reasonable, and lawful. The Tribunal considered all relevant statutory factors, did not act capriciously, and focused appropriately on deterrence. The applicants' arguments regarding procedural unfairness and the calculation of penalties were…
Motshwane v iWyze Valuables Insurance (87941/2016) [2021] ZAGPPHC 111 (26 January 2021)
Court
North Gauteng High Court, Pretoria
Case number
87941/2016
Judge
N Davis
The High Court held that the insurer failed to prove material non-disclosure. A prior refusal to quote based on loss ratio was not shown to be material to the risk.
Becker and Another v Registrar of Financial Services Providers and Others (61274/2015) [2017] ZAGPPHC 926 (30 November 2017)
Court
North Gauteng High Court, Pretoria
Case number
61274/2015
Judge
M M Rip
The High Court granted condonation for a late PAJA review, but dismissed the challenge to findings that Fusion Guarantees issued unauthorised guarantee policies.
Mashele v Momentum Insurance and Another (15304/2016) [2017] ZAGPJHC 33 (2 March 2017)
Court
South Gauteng High Court, Johannesburg
Case number
15304/2016
Judge
Ratshibvumo
The High Court ordered specific performance under a short-term insurance policy, finding the insurer failed to justify repudiation of a motor collision claim.
RMB Structured Insurance Ltd v Danresa Boeedery (Pty) Ltd (72663/2012) [2015] ZAGPPHC 1088 (20 August 2015)
Court
North Gauteng High Court, Pretoria
Case number
72663/2012
Judge
J W Louw
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.
Bruwer v Nova Risk Partners Limited (A5030/2010) [2010] ZAGPJHC 96; 2011 (1) SA 234 (GSJ) (25 October 2010)
Court
South Gauteng High Court, Johannesburg
Case number
A5030/2010
Judges
C. J. Claassen, T. M. Masipa, P. Coppin
High Court appeal in an insurance dispute: the insurer’s repudiation was set aside, the insured’s pending prosecution disclosure was held sufficient, and indemnity was ordered.
Cellular Insurance Managers (Pty) Ltd v Foshini Retail Group (Pty) Ltd (12262/07) [2010] ZAWCHC 159 (14 June 2010)
Court
Western Cape High Court, Cape Town
Case number
12262/07
Judge
Fourie
The High Court granted leave to appeal to the Supreme Court of Appeal on the contractual claim, but not on the statutory defence under the Short Term Insurance Act.