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Insurable interest in South African insurance law : anachronism or essential requirement

Dissertation (LLM (Mercantile Law))--University of Pretoria, 2024.

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Other Authors: Grové, Nicholaas Johannes Jr
Format: Thesis
Published: University of Pretoria 2024
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access_status_str Open Access
author2 Grové, Nicholaas Johannes Jr
author_browse Grové, Nicholaas Johannes Jr
author_facet Grové, Nicholaas Johannes Jr
collection Thesis
dc_rights_str_mv © 2023 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Dissertation (LLM (Mercantile Law))--University of Pretoria, 2024.
format Thesis
id oai:repository.up.ac.za:2263/96891
institution University of Pretoria (South Africa)
last_indexed 2026-06-10T12:40:44.617Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2024
publishDateRange 2024
publishDateSort 2024
publisher University of Pretoria
publisherStr University of Pretoria
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spelling oai:repository.up.ac.za:2263/96891 Insurable interest in South African insurance law : anachronism or essential requirement Grové, Nicholaas Johannes Jr mroos010@gmail.com Roos, Micaela UCTD Insurance Contracts Non-indemnity Indemnity Insurable interest English law Sustainable development goals (SDGs) SDG-08: Decent work and economic growth Law theses SDG-08 SDG-16: Peace, justice and strong institutions Law theses SDG-16 Dissertation (LLM (Mercantile Law))--University of Pretoria, 2024. This research comprises an analytical analysis of insurable interest doctrine, exploring its scope and application within indemnity insurance contracts. The statutory definition of insurable interest is explored while investigating its historical usage. The study examined how this doctrine should be applied in the present day, considering the economic state in South Africa. Even though South African insurance law and its principles originate from the Roman-Dutch insurance law and mainly concerned itself with corporeal property, it is English insurance law and its application of insurable interest, that have been consistently applied over the years and have prevailed over the common law-derived principle of insurable interest. Despite its significance, uncertainty remains regarding its application today. The central question revolves around whether insurable interest should remain an essential requirement in indemnity insurance contracts or be considered an anachronism. A comparative analysis is conducted among the scope, application, and statutory definition of insurable interest in South African law and its English counterpart. This study aimed to establish a clear and beneficial statutory definition, scope, and application of the insurable interest doctrine, aligning with the South African legal framework and benefitting insured parties and insurers in indemnity insurance contracts. Mercantile Law LLM (Mercantile Law) Restricted Faculty of Laws 2024-07-10T08:42:47Z 2024-07-10T08:42:47Z 2024-09-06 2024-04-30 Dissertation * S2024 http://hdl.handle.net/2263/96891 * © 2023 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Insurance Contracts
Non-indemnity
Indemnity
Insurable interest
English law
Sustainable development goals (SDGs)
SDG-08: Decent work and economic growth
Law theses SDG-08
SDG-16: Peace, justice and strong institutions
Law theses SDG-16
Insurable interest in South African insurance law : anachronism or essential requirement
title Insurable interest in South African insurance law : anachronism or essential requirement
title_full Insurable interest in South African insurance law : anachronism or essential requirement
title_fullStr Insurable interest in South African insurance law : anachronism or essential requirement
title_full_unstemmed Insurable interest in South African insurance law : anachronism or essential requirement
title_short Insurable interest in South African insurance law : anachronism or essential requirement
title_sort insurable interest in south african insurance law anachronism or essential requirement
topic UCTD
Insurance Contracts
Non-indemnity
Indemnity
Insurable interest
English law
Sustainable development goals (SDGs)
SDG-08: Decent work and economic growth
Law theses SDG-08
SDG-16: Peace, justice and strong institutions
Law theses SDG-16
url http://hdl.handle.net/2263/96891