Divorce is a challenging process, not only emotionally but also financially. One of the most contested aspects is spousal maintenance—the financial support provided by one spouse to the other after separation. While often viewed through a legal or emotional lens, maintenance calculation is a crucial financial science to this process. Experts like Actuary Consulting are […]
Actuarial consultants provide crucial financial assessments for legal cases such as accidents, medical negligence, and divorce. They use statistical analysis to calculate potential future losses, ensuring fair compensation. In complex cases like Road Accident Fund (RAF) or medical negligence, their reports help determine loss of earnings, loss of support, or future medical costs. Accurate actuarial […]
In medical negligence cases, the journey to achieving fair and just compensation for victims can be complex. Along with legal teams and medical specialists, one group frequently performs a critical but lesser-known role: the actuaries. These mathematical and financial specialists ensure victims receive compensation that appropriately reflects their current and future losses. Actuarial consulting companies, […]
Beyond the emotional toll of losing a loved one, the experience often leads to significant financial hardship for dependents. Navigating the RAF claims process can be complex, particularly when dealing with a loss of support claim. With their expertise in financial analysis, an actuary can provide invaluable guidance in understanding the intricacies of these calculations […]
In South Africa, the intricacies of spousal maintenance during divorce can be complex and deeply personal. Unlike child support, where guidelines exist, a spousal maintenance calculation lacks a standard formula. Once the spousal maintenance order has been determined, an Actuarial Maintenance Report is needed. This is what you need to know. Understanding A Spousal Maintenance […]
Experiencing the loss of a loved one in a road accident is devastating, and the financial aftermath can be overwhelming for families. The Road Accident Fund (RAF) in South Africa provides crucial financial support to those left behind by compensating for the loss of financial support. But how is this compensation calculated, and who qualifies […]
Legal claims and financial assessments require greater precision and expertise than ever before. Actuary Consulting, a prominent South African company, is at the forefront of this field, offering a comprehensive range of indispensable actuarial reports for attorneys and claimants. With over 17 years of experience and a stellar track record, Actuary Consulting has solidified its […]