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A+ RATING REAFFIRMED
Global Credit Rating Co (GCR) has reaffirmed Centriq
Insurance Company Limited’s (Centriq) domestic ZAR
currency claims paying ability rating of A+ (single A
plus). The rating is an indication of high claims paying
ability and above average protection factors.
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BEE
RATING
Centriq Insurance (Centriq) believes it is only through
sustained profitable growth and through its BBBEE,
transformation and diversity initiatives, that it can
remain relevant, grow and increase its profitability.
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CONFLICT OF
INTEREST POLICY
The General Code of Conduct for Authorised Financial
Service Providers and Representatives (the Code) issued
under the Financial Advisory and Intermediary Services
Act, 2000 (Act No. 37 of 2002) (FAIS), requires
financial service providers to have a Conflict of
Interest Management Policy in place to ensure that
conflict of interest is managed appropriately in the
business.
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FSB DIRECTIVES -
www.fsb.co.za
Directive 97
Directive 151
Directive 156
Directive 159
PROMOTION OF ACCESS TO INFORMATION
ACT
The company culminated from the merger of Santam Risk
Finance Limited (now known as Centriq Insurance Company
Limited), Nova Risk Partners Limited and Nova Life
Partners Limited (now known as Centriq Life Insurance
Company Limited) with short term and life insurance
licences for all classes of short-term and life
insurance business and the ability to incept
cell-captives.
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