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Business Unity South Africa

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Tel: 011 784 8000
Fax: 086 609 8248
Address:
1st Floor
3 Gwen Lane
Sandton
Postbox:
PO Box 652807
Benmore
2010
Scope:
Gauteng.
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 BUSA represents South African business on macro-economic and high-level issues that affect it at the national and international levels. Our function is to ensure that business plays a constructive role in the country‚Äôs economic growth, development and transformation and to create an environment in which businesses of all sizes and in all sectors can thrive, expand and be competitive.
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From The Glossary »

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Reinsurance:

An agreement whereby an insurance company transfers part or all of its risk of loss under insurance policies it writes by means of a separate contract or treaty with another insurance company. The insurance company providing the reinsurance protection is the reinsuring company or reinsurer. The insurance company receiving the reinsurance protection is the ceding company. From the standpoint of the ceding company, reinsurance protection received is ...
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