Tag: Sanlam
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BrightRock sees resilience, growth, and improved claims experience in 2023
Johannesburg – Needs-matched life insurer, BrightRock, today provided an update on its business performance results across its individual life and funeral businesses for the fiscal year ending 31 December 2023. Despite the difficult economic conditions currently impacting consumers’ pockets, CEO Schalk Malan says BrightRock has shown resilience and growth. “The ongoing cost of living crisis and…
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In Sanlam’s shadow or lighting its own spark? BrightRock has market leader ambitions
BrightRock CEO Schalk Malan says the insurer is on its way to becoming the market leader in South Africa’s life insurance market.
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BrightRock announces 2018 business performance
BrightRock’s 2018 performance features strong growth and bright opportunities BrightRock achieves strong new business growth, with total premium income increasing by 43% year on year Total cover in-force now exceeds R250 billion Total in-force annualised premium income grows to R1.4 billion, with activated annualised premium income for the year of R433 million Lives covered grows…
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BrightRock’s strong business performance creates solid foundation for the future
Media release | 5 September 2017 BrightRock achieves new business growth of 62% year-on-year Total cover in force exceeds R180 billion Total claims paid of over R470 million, with the highest claim paid at R29.4 million Sanlam transaction, valued at R721 million in total, gets the green light from regulator 5 September 2017, Johannesburg –…
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Sanlam set to acquire majority stake in needs-matched life provider, BrightRock
Media release 25 January 2017 Cape Town – In a SENS announcement released earlier today, listed financial services group Sanlam announced that it is set to acquire a 53% stake in needs-matched life insurance provider, BrightRock, subject to regulatory approval. According to Sanlam Personal Finance (SPF) Deputy CEO Hennie de Villiers all due diligence processes…