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IconLIFE INSURANCE COMPANIES
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1Life

Protect your loved ones and make sure their future is secure when you are no longer around. 1Life Insurance offers you a range of long term products tailored to suit your every need.   Make life less complicated by taking out unique life, funeral, dread or disability cover ...
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ABSA Life

Preparing in advance and contributing sufficiently toward your pension is vital. It is never too early to start saving and you should review your status every few years to make sure your retirement plans are on track. Absa's Financial Planning Life Cycle is the product that will help you make timely ...
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African Life Assurance Company Ltd (now Sanlam)

Aflife conducts life assurance, group benefit business and related activities. Aflife's core business addresses the essentials of affordable financial security for the family. Individual life is well positioned to continue its growth trend.
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Algoa Insurance Company Ltd (AICInsurance)

AIC Insurance has been underwriting absenteeism risk and providing short and long-term illness and temporary disability benefits for more than 30 years. We do personal accident cover and funeral (personal and group) cover.
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Allan Gray Life Ltd

Allan Gray Life Limited, an insurer registered under the Long Term Insurance Act of 1998 and a wholly-owned subsidiary of Allan Gray Limited, was established with the primary objective to offer pooled portfolios that would allow a wider range of clients access to Allan Gray's investment management ...
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AllLife (Pty) Ltd

AllLife designs, distributes and administers insurance products. Our first innovative product set is focused on individuals living with HIV. Our products can only be accessed via our Customer Service Centre, by downloading application forms from our website or through an AllLife approved financial service ...
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Alternative Channel Ltd

Alternative Channel focuses on both the wholesale and retail markets. Leakage business from the wholesale segment, such as retirement annuities, preservation funds and living annuities, are distributed via the retail market segment. We are also prepared to white-label products on behalf of our clients ...
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Altrisk (Pty) Ltd.

Altrisk is a specialist long term risk product provider. Our reputation has been built around our superior underwriting expertise. This, coupled with an uncomplicated yet comprehensive product range in the area of life, disability and dread disease benefits, has resulted in Altrisk being an attractive ...
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Assupol Life

Assupol Life is a proud insurance company, with our roots firmly in South Africa since 1913. We provide products and services designed for South Africans, by South Africans and we pride ourselves in knowing what our people need. Whether providing for your loved ones in the event of death, disability, ...
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BoE Life Ltd / Nedgroup Life

Nedgroup Life Assurance is a Nedbank joint venture that is primarily focused on providing credit protection products across the greater Nedbank group. Nedgroup Life Assurance distributes its product offering primarily via the following channels: Nedbank Retail Nedbank Corporate Old Mutual Bank ...
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Capital Alliance Life

We provide life insurance products and services to the lower income commercial market. As a wholesaler, we provide life insurance products to selected markets primarily through branded distribution partners and specialist intermediaries.
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Coronation Life Assurance Company Ltd

Coronation Fund Managers has a range of individual retirement products, which utilises Coronation's unit trust funds as the underlying investments. The key characteristics of the range, which includes a Retirement Annuity Fund, Preservation Pension and Provident Funds, Living Annuity and an Endowment ...
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Discovery Life Ltd

Discovery Life changed the face of South African life assurance by changing the fundamentals of life assurance products. We moved away from the traditional combination of risk and investment and embraced a structure focusing on risk only. This approach meets the consumer's needs through innovative ...
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Liberty Active (formerly Charter Life)

Run by Liberty Life, Liberty Active contains a wide range of funds. Check out the website for more information.
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Liberty Group Ltd

Capital Alliance Life is now a wholly owned subsidairy of the Liberty Life Group. Our reputation for operational excellence has been enhanced through the integration of the life insurance business of Norwich Life, Fedsure Life and Saambou Life onto our administrative infrastructure and the integration ...
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Metropolitan Life Ltd

Today, Metropolitan is a well-established, truly African-based business providing aspirational individuals, and the people who represent them, with customised financial service packages that protect and enhance their assets. By sharing in people’s lives, Metropolitan can be trusted to deliver financial ...
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Momentum Group Ltd

As our name suggests, Momentum is a place of constant movement and energy. We started out as a small life insurance company, owned by AVBOB, in 1966. After a few mergers and the usual acquisitions, we now form part of the FirstRand Group, one of the largest financial institutions in South Africa. As ...
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Nedgroup Life Assurance Company Limited

Nedgroup Life Assurance (Nedgroup Life), a 100%-owned subsidiary of Nedbank Group, is the life insurance arm of the group. With almost 35 years of immense success as risk experts, Nedgroup Life has assisted clients to manage their exposure to financial risks through numerous service providers, such ...
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NESTLIFE Assurance Corporation Ltd

NestLife is a 100% black-owned and managed life assurance company that was established in 1988. Previously owned by Capital Alliance, Vusi Sithole – The Managing Director of NestLife, bought 74% of the company in 1996 and Capital Alliance's remaining share in 1999 to own 100%. Our focus is on ...
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Old Mutual Life Assurance Company (SA) Ltd

In South Africa, we are the largest financial services business, through our life assurance, asset management, banking and general insurance operations.
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PPS Insurance Company Ltd (Professional Provident Society)

PPS boasts in excess of 150,000 members who enjoy access to a comprehensive suite of financial and healthcare products that are specifically tailored to meet the needs of graduate professionals. Our members have one thing in common - they all have at least four years of tertiary education behind them, ...
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Regent Life Assurance Company Ltd

Life is unpredictable. We may not like to think about it, but a serious – even fatal – illness or accident could happen to anyone. A family dealing with a tragic event should not have to suffer unnecessary stress caused by unexpected costs and the sudden loss of income. Life insurance is ...
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SAFRICAN Insurance Company Ltd

Safrican was established in 1932. Its core business was funeral aid, operating mainly in what was known as the Witwatersrand area, selling funeral aid at very affordable rates. In 1971, Safrican was incorporated into the HCI Group becoming a subsidiary of Safrican Life Investment Holdings Limited. This ...
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Sanlam Life Insurance Ltd

Sanlam was established in 1918 and is a leading financial services group in South Africa. It demutualised in 1998 and is listed on the JSE Securities Exchange in Johannesburg and on the Namibian Stock Exchange. On 31 December 2004 the Group had R350 billion in assets under management and administration ...
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From The Glossary »

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Treaty Reinsurance:

An arrangement that covers all risks written within agreed guidelines. The insurer cedes or is obliged to cede and the reinsurer is obliged to accept these risks. This type of arrangement covers different risks that have certain characteristics in common. Individual risks are not normally negotiated.
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