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This edition of the SA Actuary perfectly captures the theme of relevance and showcases how actuaries are expanding far beyond traditional boundaries. Thefeatured articles demonstrate a shift from technical precision to contextual judgment, innovative problem-solving, and embracing emerging risks. They also provide food for thought as we reimagine credit risk models, explore access to private … Now Out – The New SA Actuary Magazine
The Road Accident Fund (RAF) is South Africa’s fault-based, publicly administered road injury compensation scheme, funded by a fuel levy. It is widely acknowledged as financially unsustainable, administratively inefficient, and inequitable in benefit allocation. This paper assesses the RAF against the Road Accident Fund Commission’s four criteria: reasonableness, affordability, equity, and sustainability; and compares it … TOWARDS A REASONABLE, AFFORDABLE, EQUITABLE, AND SUSTAINABLE ROAD ACCIDENT COMPENSATION SYSTEM
Exploring a South African National Funeral Insurance scheme for equitable and affordable cover The cost of funerals in South Africa ranks amongst the highest in the world, largely driven by the cultural expectations of dignified funerals. As a result, funeral insurance coverage in South Africa is high, and likely inflates the country’s insurance penetration statistics … Rethinking Funeral Financing
Energy modelling as topic in public interest discussions
Medical Malpractice in the SA Public Sector
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