Capital Alliance Life is now a wholly owned subsidairy of the Liberty Life Group. Our reputation for operational excellence has been enhanced through the integration of the life insurance business of Norwich Life, Fedsure Life and Saambou Life onto our administrative infrastructure and the integration of the pension annuities previously paid by Investec Employee Benefits, into our business.
With just over R18 billion of assets, more than 1,2 million individual life contracts and 900 000 group scheme members under administration,we exist as an efficient integrator of life insurance business.
A statistical comparison of claim provisions outstanding at any particular date with the total payments made on such claims from the original provision date to the development date plus estimated losses still unpaid at the date of development.