Liberty Holdings says it can meet client needs as Covid-19 batters markets
14 May 2020 - 08:16
Financial services group Liberty Holdings says the volatility of financial markets had minimal effect on its ability to meet its obligation to clients in its first quarter to end-March, though it is bracing for the fallout from Covid-19.
The insurer and asset manager, founded in 1957 by Donald Gordon, said the solvency capital requirement cover of Liberty Group, the group’s main long-term insurance licence, remained strong at 1.9 times as of the end of March...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.