13 April 2026 | Legal Affairs | General | Donald Dinnie, Director and Boitumelo Phillips, Associate at Deneys This is a significant judgment for the South African insurance industry on construction guarantees. The judgment confirms that both the Short-term Insurance Act (STIA), Section 7(1)(a), and the Insurance Act, Section 5(1), require that entities offering non-life insurance in the form guarantee policies be registered and that that requirement has not been repealed by the Insurance Act.