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In Qilingele v South African Mutual Life, [16] an applicant for life insurance did not want to undergo a medical examination. To avoid it, he applied for three separate life-insurance policies with three insurance companies for small amounts which, when added together, would otherwise have required him to undergo a medical examination.
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person.
Liberty Holdings Limited is a South African financial services and property holding company that focuses on Insurance and Asset Management with registered head office in Johannesburg, South Africa at Liberty Centre, 1 Ameshoff St., Braamfontein. [1] [2] [3] Liberty has operations in South Africa, Kenya, Namibia and other in 16 African countries.
Hollard Group is a privately owned insurance group based in South Africa that operates under two insurance licences: short term and life.The company was established in 1980 by Robert Enthoven, and the Enthoven family retains the majority share, locally through The Enthoven Family Trust (EFT) and internationally through Capricorn Ventures International (CVI).
The transaction required that the business of Momentum Life Assurers Limited was transferred to the Southern Life Association Limited which was renamed FirstRand Insurance Company Limited and much later renamed Momentum Group Limited. [5] As at the merger date, Momentum Group was a wholly owned subsidiary of First Rand.
Discovery Life Investment Services – Sandton, South Africa – 100% Shareholding – Offering unit trusts. Discovery Insure – Sandton, South Africa – 100% Shareholding – Offering motor vehicle, household and other short-term risk insurance in South Africa. VitalityHealth – London, United Kingdom – 100% Shareholding – Offering ...
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Old Mutual Holdings Plc, Formally known as UAP Holdings Limited, is an investment, retirement, and insurance group that operates mainly in Eastern Africa.UAP Holdings is one of the leading insurance and financial services groups in eastern Africa with a network of branches and operational subsidiaries spread across the greater eastern and central Africa regions.