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Metropolitan Holdings Limited · Cape Town South Africa ·(Johannesburg: MET)

Company Description

Parc du Cap Complex, Mispel Rd. Bellville
Cape Town
South Africa (Map)
Phone: +27-860-724-724
Fax: +27-21-940-6142
    Metropolitan brings insurance and financial services to those who may not be accustomed to such things. Born in 1898, the company is one of the largest financial services conglomerates in Africa serving the lower- and middle-income markets. Metropolitan provides life insurance to some 4.3 million residents through more than 70 offices in seven nations, including South Africa where it is the fourth largest life insurer. Its life products are distributed directly and through preferred intermediaries, direct marketing, brokers, and via voluntary group schemes. Metropolitan additionally offers retirement fund benefits, acts as asset manager, and supplies medical aid and managed health-care administration. To read the full description, subscribe now.
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    Key Metropolitan Holdings Limited Financials

    Company TypePublic - Johannesburg: MET

    Headquarters
    Fiscal Year-EndDecember
    2008 Sales (mil.)$789.4

    Metropolitan Holdings Limited Executives

    24 executives listed for Metropolitan Holdings Limited's Cape Town,  location.
    TitleName & BioContact
    ChairmanEric MolobiNetwork
    Group Chief ExecutiveWilhelm van ZylNetwork
    Group Finance DirectorPreston SpeckmannNetwork

    Competition

    Competitive Landscape for Metropolitan Holdings Limited
    Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.
    Top Metropolitan Holdings Limited Competitors
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