Lireas Holdings is the well-established South African strategic investment company of Hannover Re Group Africa and Mahogany Private Equity. They focus on investing in partnerships with existing or potential entrepreneurial, niche insurance underwriting agencies that will generate profitable underwriting results.
Since its formation in 1993, Guardrisk has established itself as South Africa’s leading alternative risk transfer insurer and a forerunner in insurance innovation. In April 2018, Moody’s Investor Service confirmed the ratings assigned to three companies in the Guardrisk Group. Guardrisk Insurance and Guardrisk Life are both rated Baa3 on the global scale Insurance Financial Strength (IFS) and Aaa.za on the national scale IFS.
Guardrisk International is rated Baa3 on the global scale.
Hannover Re, with a gross premium of around EUR 12 billion, is the third-largest reinsurer in the world. It transacts all lines of non-life and life and health reinsurance and is present on all continents with around 2,200 staff.The rating agencies most relevant to the insurance industry have awarded Hannover Re very strong insurer financial strength ratings (Standard & Poor's AA- "Very Strong" and A.M. Best A+ "Superior").
OTHER INSURANCE PARTNERS
Leading International and Independent Loss Adjustors
SAUMA was established in 1999 and currently has over 80 members. SAUMA is fully supported by the FSB and is the only line of communication between FSB and Underwriting Managers. SAUMA has ongoing Communication with the Ombudsman - both FAIS and Short Term. SAUMA Board Members have recently attended Parliament to state the case of the UMA. Rory Gainsford is the current chairman.
AA TRAVEL GUIDES
AA Travel Guides is the largest online accommodation and travel database in South Africa for accommodation in hotels, B & B's, guest houses, self-catering chalets and apartments, lodges, game and nature reserves throughout South Africa; including Cape Town, the Garden Route, Knysna, George, Durban, Sun City, Sabi Sands, and the Kruger National Park. We also cover accommodation in Namibia, Zimbabwe, Botswana, Malawi, Seychelles, Zambia, Mozambique, Lesotho and Swaziland.
Since 1949 Fedhasa has been representing the South African Hospitality Industry on a local, Provincial, national and global level to protect the interests of all stakeholders of the industry, thereby enabling members to achieve their objectives.