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Insurance Act 18 of 2017 (English / Afrikaans)

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Insurance Act 18 of 2017 (English / Afrikaans)

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  • (Act 18 of 2017 G 41388 GoN 32)
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To provide for a legal framework for the prudential regulation and supervision of insurance business in the Republic that is consistent with the Constitution of the Republic of South Africa, 1996, and promotes the maintenance of a fair, safe and stable insurance market; to introduce a legal framework for microinsurance to promote financial inclusion; to replace certain parts of the Long-term Insurance Act, 1998, and the Short-term Insurance Act, 1998; and to provide for matters connected therewith.

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