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ABSA Health Care Consultants

 Calculation of liabilities, including AC116 calculations with regard to medical aid subsidies Restructuring of medical aid subsidy liabilities Contribution table calculations Calculations with regard to the pre-funding of liabilities.
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From The Glossary »

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Long-term Insurance Return:

The statutory annual return submitted by every long-term company to the Financial Services Board within four months after its financial year end. The return deals with matters such as statutory solvency, investment returns, actuarial assumptions and risk management.
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