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Clientèle to buy 1Life Insurance in R1.9 billion transaction
The merger will create a combined embedded value of about R7.8 billion, and the insurers have 1.5 million active policies.
‘Lack of maintenance or wear and tear’ gave rise to most of the disputes in several categories of insurance.
Read moreThe merger will create a combined embedded value of about R7.8 billion, and the insurers have 1.5 million active policies.
Financial services group red-flags higher-than-expected policyholder withdrawals.