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Integritas Consulting (Pty) Ltd

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Tel: 011 431 0351
Fax: 011 431 0350
Address:
Room 105
First Floor
Block C
Eva Park
Cnr Judges and Beyers Naude Drive
Northcliff
Postbox:
PO Box 2127
Cresta
2118
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 Accounting, Company Secretarial and Taxation Services.
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From The Glossary »

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Cell Captive Insurer:

An insurer that is structured with separate cells. Each cell, through a shareholders’ agreement, is separate and independent from the other cells in the insurer. The assets allocated to each cell may be used only to settle liabilities incurred by such cell and thus should not be attached by the creditors of the other cells. Positive returns on the net assets in the cell and on insurance business introduced by the cell owner to the insurer are attributable ...
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