Consort Technical Underwriting Managers News
Reinstatement and deductibles: what you need to know
Reinstatement of the sum insured Other than Public Liability policies, there are policies that refer to a sum insured versus a limit of indemnity. When it comes to a sum insured under a policy, the...
Understanding deposit premiums and declarations
By: Kobus van Niekerk Most short-term insurance policies are annual policies with a predetermined premium, which can be paid monthly. Historically, many Financial Service Providers (FSPs) have...
Let’s take the ‘ge-volt’ out of power surges – part two
By: Kenneth Lourens (Consort) Insurance considerations and risk mitigation of power surges
Taking the ‘ge-volt’ out of power surges – part one
By: Kenneth Lourens Understanding Power Surges
Latest News by Engineering News
Rand slips before South African Reserve Bank's rate decision
The South African rand slipped on Thursday ahead of an interest rate decision by the central bank. At 0622 GMT, the rand traded at 17.45 against the dollar, about 0.3% weaker than Wednesday's close.
Court annuls permit for Eskom to build new gas power plant
One of South Africa's top courts on Wednesday annulled a government permit allowing state utility Eskom to build a large power plant burning natural gas, saying there had not been proper public...
First new rubber-tyred gantry cranes introduced at Cape Town Container Terminal
The first nine of 28 new rubber-tyred gantry cranes (RTGs) have been introduced at the Cape Town Container Terminal as part of a R3.4-billion investment programme at the facility by Transnet Port...
