Metropolitan has been providing specialised and affordable medium- to long-term assurance, administration and investment solutions for 110 years. In terms of our client numbers, we are one of the top three life insurance groups in southern Africa. We are the fourth largest listed life assurer in terms of market capitalisation (R10.25 billion) and we are a JSE Top 100 company.
Our head office, Parc du Cap, is situated in Bellville, Cape Town, South Africa. We have branch offices throughout South Africa, Namibia, Botswana, Kenya, Ghana, Nigeria, Lesotho, and Swaziland. We provide employment to approximately 9 800 people.
Our group comprises six independent operating businesses, each with clearly defined areas of focus, performance and profit objectives. They are retail, corporate, asset management, international, health and strategic initiatives.
Our products range from life insurance for individuals, including retirement annuities and credit life cover, medical scheme administration, managed healthcare, asset management services and collective investment schemes, to employee benefits packages for large and small organisations.
As we continue to grow the wealth and support the health of Africa's people, we do so in the knowledge that we are continuing a legacy: as a well-established, African-based business adding real, lasting and meaningful value to people's lives.
We are a truly African businessWe are a well-established, truly Africa-based business providing aspirational individuals, and the people who represent them, with customised financial services packages that protect and enhance their assets. |
Company Facts At A Glance
- Founded in 1898.
- Listed on the JSE in 1986
- Market capitalisation at 31/12/08 - R7.16 bn
- Provides employment to over 9 800 people spread across eight countries on the African continent.
- Offices throughout South Africa, Namibia, Botswana, Lesotho, Kenya, Ghana, Nigeria and Swaziland.
- Entered into a strategic partnership with Kagiso Trust Investments (KTI) in 2004. KTI's direct black equity ownership in the group currently stands at 20%.
- Third most recognised brand in the insurance industry.
- Ranked as one of the top ten empowerment companies in South Africa, according to the results of the 2008 Top Empowerment Companies survey
Our Brand
"Together we can"
Our brand positioning remains true to our unwavering core ideology of being people and community focused. We acknowledge that the only way to succeed in our current environment is through collaboration. Partnerships are imperative if we are to achieve long-term sustainable financial security for all our stakeholders.
