Instant Life

04 Apr 2016

Absa Life receives regulatory approval to acquire direct life insurer Instant Life

Absa Life is pleased to announce that it has been granted the necessary regulatory approvals, including approval from the South African Reserve Bank, to acquire a controlling interest in the direct life insurer Instant Life. This includes meeting all other conditions customary for a transaction of this nature.

18 Dec 2015

Insurance set for shakeup as new technologies change the game

The digital revolution promises to change the face of South Africa’s insurance market over the next few years as new entrants and established players alike use the latest technologies to deliver products that are cheaper, more convenient, and more personalised.

27 Nov 2015

Absa to acquire interest in Instant Life

Absa announces a transaction to acquire a controlling interest in direct life insurer Instant Life, subject to regulatory approvals (including approval from the South African Reserve Bank) and other conditions customary for a transaction of this nature. The transaction will give Absa a 75% stake in the business.

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