Environmental, social and governance issues are playing and will play an increasingly important role in the South African insurance sector which should be proactive in contributing to, influencing and being part of ongoing discussions on integration of ESG principles into risk management, underwriting, capital adequacy processes, investment decision making, underwriting and underwriting disclosures, capital adequacy … Continue reading
The existence or absence of sound corporate governance has always been a factor when underwriting a D & O risk. Sound governance includes sound ESG practices. It is becoming standard for D & O underwriters to undertake an ESG analysis as part of the underwriting process so that underwriters can achieve as much comfort as … Continue reading
In this High Court of Justice judgment, the court declined to permit two members of the pension scheme to bring a derivative claim against the Universities Superannuation Scheme and the directors of its corporate trustee. Derivative claims are made when those with interest in the company, usually shareholders, bring a lawsuit against directors for alleged … Continue reading
This blog was co-authored by: Bongubuhle Sibanda, candidate attorney There has been a global trend encouraging the integration of environmental, social and governance issues to be part of the business strategy and reporting practices of companies. While the concept of ESG is broad, the component parts of ESG can be broken down as follows – … Continue reading