Pretoria – In a groundbreaking but highly technical judgment for Road Accident Fund (RAF) victims, the Western Cape High Court has ruled on how the annual estimated loss of income should be actuarially calculated to benefit higher-income accident victims.

This was prompted by a multimillion-rand claim by Elizabeth Sweatman, who was 15 when she was severely injured in a car accident. While the parties settled most of the disputes, the actuaries of Sweatman and the RAF adopted slightly different methodologies, resulting in substantially different awards.
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