MMI Group Limited (MMI Group), a subsidiary of MMI Holdings Limited, is a registered insurance company that underwrites the long-term insurance policies of Metropolitan and Momentum.
MMI Group is a large, diversified and well capitalised life insurance underwriter which has served as a consolidation vehicle since 1891. MMI Group was originally called "The Southern Life Association for Mutual Life and Accident Insurance" and then "The Southern Life Association Limited" and most recently "Momentum Group Limited" (Momentum Group).
Momentum Group was renamed MMI Group in January 2013 to facilitate the amalgamation of the long-term insurance licences of Metropolitan Life and Momentum Group. This amalgamation of the licences (in terms of Section 37 and 38 of the Long-term Insurance Act of 1998) was concluded in May 2013 to form the amalgamated MMI Group.
|Registered address:||268 West Avenue, Centurion 0157
PO Box 7400, Centurion, 0046
|Telephone:||+27 12 671 8911|
|Vat Number:||438 010 1552|
|NCR Credit Provider||173|
|Financial Services Provider||6406|
|Capitalisation:||R36bn / US$4bn (as at 31 December 2012)|
|Credit Rating:||For the latest MMI Group Limited credit ratings Click here|
|Board of directors:||MJN Njeke (Chairman)
JP Burger (Deputy chairman)
NAS Kruger (Group CEO)
Mary Vilakazi (Group Finance Director)
F Jakoet (non-executive)
FJC Truter (non-executive)
SC Jurisich (independent, non-executive)
Mr LL von Zeuner (independent, non-executive)
|Statutory Actuary:||Colin van Zyl (B.Sc Hons - Actuarial Science, FIA)|
|Company Secretary:||Maliga Chetty (BProc, LLM, CIS)|