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Namibia Special Risks Insurance Association (No. 5 of 2017).

Pays/Territoire
Namibie
Type du document
Législation
Date
2017
Source
FAO, FAOLEX
Titre complet
An Act to provide for the establishment of the Namibia Special Risks Insurance Association as a public company, with a share capital; to determine the insurance business it may underwrite; and to provide for incidental matters.
Sujet
Agriculture et développement rural, Terre et sols
Mot clé
Responsabilité/indemnisation Catastrophe Institution Crédit hypothécaire Propriété
Aire géographique
Afrique, Afrique Méridionale
Résumé

This Act converts the National Special Risks Insurance Association established in terms section 21 of the Companies Act, 2004 into a public company having a share capital, with shares held by the State. It also determines the nature and ambit of the special risks that the Company may underwrite and the role of the State in the short-term insurance industry as regards special risks and to reduce the reinsurance risk exposure of the State. One of the risks that may be covered is loss in respect of

Texte intégral
Anglais
Site web
www.lac.org.na