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MMI Holdings Limited (MMI) and Aditya Birla Financial Services Group (ABFSG) today announced the launch of the joint venture health insurance provider - Aditya Birla Health Insurance to the Indian market.
MMI Holdings announced its year-end results to 30 June 2016 in a very tough environment characterised by economic weakness, subdued markets and increased pressure on consumers’ disposable income.
MMI Holdings’ newly appointed credit rating agency Moody’s Investors Service (Moody’s) has assigned MMI Holdings’ long-term insurance subsidiary MMI Group Limited a Aaa.za national scale insurance financial strength (IFS) rating and a Aaa.za national scale long-term issuer rating. A rating of Aaa.za is the highest credit rating that can be assigned to a company on the national scale. Moody’s also assigned a Aa2.za rating to MMI Group Limited’s unsecured subordinated notes on the national scale.
MMI Holdings, South African JSE listed financial services group, has announced that it has acquired the remaining 50% equity stake in United Metropolitan (formerly UBA Metropolitan), increasing the shareholding of MMI Holdings in the Nigerian financial services provider to 100%.
If you had to choose one approach to protect your hard-earned investment cash from today’s market madness, which would it be?