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 of the pension annuities previously paid by Investec Employee Benefits, into our business.
With just over R18 billion of assets, more than 1,2 million individual life contracts and 900 000 group scheme members under administration,we exist as an efficient integrator of life insurance business.
The amount of ceded premiums withheld from the reinsurer by the ceding company in order to provide collateral security for the performance of the reinsurer’s obligations under the treaty. Also known as deposits withheld.