‘Where angels fear to tread’—Reflections on the role of an actuary as expert witness in the Land Claims Court

IF 0.1 Q4 BUSINESS, FINANCE
MW Lowther
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Abstract

In this paper, the author reflects on his experiences of giving expert actuarial witness in the Land Claims Court regarding the calculation of financial compensation as an alternative to the restoration of dispossessed land. As no specific formula for compensation has been legislated in South Africa’s land reform programme, relevant case histories are examined in which the common law has been developed. The technical, ethical and professional inputs which an actuary can provide are reviewed. The author concludes that actuaries are well suited to assist the Land Claims Court to resolve the potentially large number of claims, and that this will be in the public interest.
“天使不敢涉足的地方”——对土地索赔法庭精算师作为专家证人角色的思考
在本文中,提交人回顾了他在土地索赔法院就经济补偿的计算作为恢复被剥夺土地的替代方案提供专家精算证人的经验。由于南非土地改革方案中没有制定具体的补偿公式,因此对制定普通法的相关案例进行了审查。对精算师可以提供的技术、道德和专业投入进行审查。提交人的结论是,精算师非常适合协助土地索赔法院解决潜在的大量索赔,这将符合公众利益。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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South African Actuarial Journal
South African Actuarial Journal BUSINESS, FINANCE-
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