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INSURANCE COMPANIESREINSURERS

African Reinsurance Corporation (SA) Ltd

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Tel: +27 11 484 3764
Fax: +27 11 484 1001
Address:
Ground Floor
West Wing
Oakhurst 11-13
St. Andrews Rd.
Parktown
2193
Postbox:
P.O. Box 3013
Houghton
2041
Johannesburg
Scope:
Eastern Cape, Free State, Gauteng, KwaZulu-Natal, Mpumalanga, North-West, Northern Cape, Northern Province, Western Cape.

The purpose of AFRICA RE is to foster the development of the insurance and reinsurance industry in Africa, to promote the growth of the national, regional and sub-regional underwriting and retention capacities and to support African economic development.

From The Glossary »

Fund of Funds:

A fund of funds is a unit trust fund that invests in a range of other unit trusts. A dedicated fund manager makes the selection from any unit trust fund with specific performance objectives in mind. A fund of funds can offer reduced risk and lower volatility because of unit trust diversification. The cost of a fund of funds are higher than ordinary unit trust, as they are always invested in at least five underlying unit trusts. The investor should ...
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