Amalgamated Traded Policy Services (Pty) Ltd (ATPS) as a market maker has an infrastructure consisting of:
decades of combined experience in an extremely specialised and niche, yet ill-informed market
specially developed software
administration and management systems
intellectual ... More Details »
What is APE?
APE is an acronym for Automated Policy Evaluator. It is a FREE software application that has been developed by ECO Technology (Pty) Ltd, to automatically evaluate policies issued by the insurance companies under the Long Term Insurance Act for the benefit of Brokers and Clients, ... More Details »
Interest earned by a life insurance company in excess of that assumed in premium and reserve calculations. Excess interest is usually allocated to policyholders as one component of their bonuses. It is also allocated to those supplementary settlement agreements that are computed on the basis of interest only.