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COVER Magazine

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Tel: 021 782 7601
Fax: 086 642 6263
Postbox:
P O Box 2030
Sun valley
7985

Cover Magazine is a high quality, informative journal for all sectors of the financial services industry: short and long-term insurance companies, reinsurers, all intermediaries including health care and employee benefit consultants, loss adjusters, risk managers, tax advisers and financial planners, unit trust managers, pension fund administrators, actuaries and accountants and all other financial services organisations.

Established in 1987 Cover Magazine is one of the longest running publications dedicated to insurance and financial services, in South Africa today.

Look out for our soon to be launched new website.

Company Press Releases »

Icon Alternative distribution in Africa is taking off
18 Feb 12 | Read More »
The 1st African Bancassurance and Alternative Distribution Conference saw delegates from 11 African countries explore product development and distribution methods most suited to African conditions. They left with fresh ideas, innovative strategies and new networks, ready ...
Icon The Case of Johnson and alternate distribution strategies
12 Apr 11 | Read More »
The case for alternative distribution strategies in developing markets   Synopsis: Developing Markets are enjoying faster economic growth than their developed counterparts, and personal income levels are rising, especially among urban breadwinners. Yet insurance penetration ...
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From The Glossary »

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Sinking Fund:

A means of repaying funds advanced through a bond issue. The issuer makes periodic payments to the trustee, who retires part of the issue by purchasing the bonds in the open market. This means that every period (usually every year) a company will pay back a portion of their bonds. An example would be a company that issues R20 million in bonds with a 20 year maturity and pays back R1million worth of bonds every year at par. This is decided purely ...
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