The Absa Participation Bond Fund is for any investor looking for a secure investment with an attractive income yield that is market-related and always competitive. It's for young and old, individuals or corporate bodies, trusts, charities, clubs, educational institutions and churches. The Fund holds ... More Details »
The acceptance of insurance or reinsurance business with the intention of passing it on largely or wholly to another insurer or reinsurer, i. e. acting as a conduit. A method whereby a direct insurer cedes all of the risk it undertakes on a particular policy to a reinsurer nominated by the insured.