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Atradius to acquire 25% equity stake in CGIC to cement strategic partnership

01 September 2016 | Credit Guarantee Insurance (CGIC)

In March 2016, the Financial Services Board approved Mutual & Federal’s transaction to acquire 100% of the issued shares in Credit Guarantee Insurance Corporation of Africa Ltd (CGIC). This confirmed CGIC as a core asset within Mutual & Federal’s portfolio of insurance businesses. Mutual & Federal has now accepted an offer from Atradius N.V. , a leading global trade credit insurance, surety and collections services company, for a 25% strategic equity stake in CGIC. Atradius operates in 160 offices in 50 countries, generates Euro 1.7 billion in revenue and enjoys a credit rating of A from AM Best credit rating agency.

Old Mutual statement on Futuregrowth

01 September 2016 | Old Mutual

Commentary by Ralph Mupita, Chief Executive Officer of Old Mutual Emerging Markets

Santam reports strong underwriting results in low-growth economic environment

31 August 2016 | Santam

Key highlights of Santam’s interim results for the six months ended 30 June 2016:

GCR Upgrades Chubb Insurance South Africa Limited’s Rating to AA(ZA); Outlook Stable

30 August 2016 | Chubb Insurance SA (formerly ACE)

Chubb today announced that Global Credit Rating (GCR) has upgraded the company’s South African credit rating from AA- to AA (ZA) with a “stable” outlook.

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Tougher times call for stronger scheme financials

29 August 2016 | Momentum

ASTUTE announces partnership for 2016 FIA Roadshow

25 August 2016 | General

New Sanlam Trust CE: Re-engineering Sanlam Trust in becoming the fiduciary service provider of choice for the South African intermediary

23 August 2016 | Sanlam

Liberty Holdings Limited (“Liberty”) intends listing a portion of its premier property portfolio in a landmark capital raise on the JSE

23 August 2016 | Liberty

BrightRock introduces market leading Advanced Underwriting

23 August 2016 | BrightRock

New look for Fulcrum Group

22 August 2016 | Fulcrum

Price Forbes launches marine specialty division

22 August 2016 | General

Preliminary sigma estimates for first-half 2016: natural catastrophes drive global insured losses to USD 31 billion

18 August 2016 | Swiss Re

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