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ABSA Online Trading

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Absa Stockbrokers (Pty) Limited (Registration Number 1973/010798/07 Johannesburg) is an independent stockbroking company registered with the JSE Ltd.

We are members of the South African Institute of Stockbrokers and as such subscribe to the institute's code of ethics.

Absa Stockbrokers is a subsidiary of Absa Bank Ltd and complies with Absa's privacy and security policies. However, business is conducted directly with Absa Stockbrokers (Pty) Ltd.

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From The Glossary »

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Non-proportional Reinsurance:

A term describing excess of loss and similar types of reinsurance in which the reinsurer’s share of the ceding company’s losses are not in the same proportion as its share of the premiums.
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