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4 March 2026 Article

SCA reinforces contract certainty and confirms that insurers are bound by placing slips

In AIG South Africa Ltd & Others v Azrapart (Pty) Ltd and Another (898/2024) ZASCA 172 the Supreme Court of Appeal dismissed several insurers’ attempts to rectify a Realty Assets All Risk insurance contract entered into between them and the insured by deleting the infectious and contagious disease (ICD) extension in the policy. As the court put it plainly in its order: “ The appeal is dismissed with costs, including the costs of two counsel.”

Corporate & Commercial Law4 min read

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