Under its FSP licence, Swiss Re Corporate Solutions Advisors South Africa Pty Ltd will originate, advise on and bind direct commercial insurance business in through an intermediary agreement with Guardrisk Insurance Company Ltd. Guardrisk Insurance is a South African-licenced non-life insurer, well known in the local market for its reputation and solid financial standing with a Fitch rating of ‘AA+’ Ltd . Incorporated into MMI Holdings in , Guardrisk Group is the largest specialist cell captive insurance group of its kind and the leading alternative risk transfer provider in South Africa.
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