A Customary Insurance Law?

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dc.contributor.authorHutchison, Andrew
dc.coverage.spatialSouth Africa; Australia.en_ZA
dc.date.accessioned2018-04-09T07:06:15Z
dc.date.available2018-04-09T07:06:15Z
dc.date.issued2017-08-01
dc.description.abstractThis article will explore risk spreading practices in the so-called ‘popular economy’ in South Africa. Concepts like ‘insurance’, ‘insurance law’ and ‘customary law’ will be interrogated, with the analysis falling on traditional and more modern informal responses to risk, as well as more formal responses resulting from the increased penetration of private insurance in the democratic era. This contribution aims to address concerns expressed about both informal and formal risk spreading practices, to argue towards a conclusion that a pluralistic notion of ‘insurance’ should not necessarily be sacrificed in service of corporate profit aims. Value remains in ‘customary insurance law’, and these cultural responses may provide evidence of a broader contract value system to be used in the service of developing the South African laws of contract and insurance. At very least, this value system should inform concepts like consumer insurance law and should be foregrounded in developing a notion of micro-insurance. South Africa has the potential to be a world leader in the field of customary insurance law, as the failings of a comparable system – funeral insurance in Australia – demonstrate.en_ZA
dc.identifier.apacitationHutchison, A. (2017). A Customary Insurance Law?. <i>South African Mercantile Law Journal</i>, http://hdl.handle.net/11427/27774en_ZA
dc.identifier.chicagocitationHutchison, Andrew "A Customary Insurance Law?." <i>South African Mercantile Law Journal</i> (2017) http://hdl.handle.net/11427/27774en_ZA
dc.identifier.citationAndrew Hutchison 'A Customary Insurance Law?' (2017) 29 SA Merc LJ 17.en_ZA
dc.identifier.ris TY - Journal Article AU - Hutchison, Andrew AB - This article will explore risk spreading practices in the so-called ‘popular economy’ in South Africa. Concepts like ‘insurance’, ‘insurance law’ and ‘customary law’ will be interrogated, with the analysis falling on traditional and more modern informal responses to risk, as well as more formal responses resulting from the increased penetration of private insurance in the democratic era. This contribution aims to address concerns expressed about both informal and formal risk spreading practices, to argue towards a conclusion that a pluralistic notion of ‘insurance’ should not necessarily be sacrificed in service of corporate profit aims. Value remains in ‘customary insurance law’, and these cultural responses may provide evidence of a broader contract value system to be used in the service of developing the South African laws of contract and insurance. At very least, this value system should inform concepts like consumer insurance law and should be foregrounded in developing a notion of micro-insurance. South Africa has the potential to be a world leader in the field of customary insurance law, as the failings of a comparable system – funeral insurance in Australia – demonstrate. DA - 2017-08-01 DB - OpenUCT DP - University of Cape Town J1 - South African Mercantile Law Journal LK - https://open.uct.ac.za PB - University of Cape Town PY - 2017 T1 - A Customary Insurance Law? TI - A Customary Insurance Law? UR - http://hdl.handle.net/11427/27774 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/27774
dc.identifier.vancouvercitationHutchison A. A Customary Insurance Law?. South African Mercantile Law Journal. 2017; http://hdl.handle.net/11427/27774.en_ZA
dc.languageengen_ZA
dc.publisherJutaen_ZA
dc.publisher.departmentDepartment of Commercial Lawen_ZA
dc.publisher.facultyFaculty of Lawen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.sourceSouth African Mercantile Law Journalen_ZA
dc.source.urihttps://juta.co.za/products/3602-south-african-mercantile-law-journal/
dc.subject.otherInsurance
dc.subject.otherLegal Pluralism
dc.subject.otherPopular Economy
dc.subject.otherMicroinsurance
dc.subject.otherIndigenous Persons
dc.subject.otherSouth Africa
dc.subject.otherAustralia
dc.subject.otherlegal pluralism
dc.subject.otherpopular economy
dc.subject.othermicro-insurance
dc.subject.otherindigenous persons
dc.subject.otherSouth Africa
dc.subject.otherAustralia
dc.titleA Customary Insurance Law?en_ZA
dc.typeJournal Articleen_ZA
uct.type.filetypeText
uct.type.filetypeImage
uct.type.publicationResearchen_ZA
uct.type.resourceArticleen_ZA
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