Liberty Holdings Limited: Difference between revisions
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From the late 1950s, Liberty rapidly and organically expanded via innovative retirement annuities (since 1960), the development and management of major shopping centres (since 1975),<ref name="Dream of the past book">{{cite book|title=Dreams of the past become realities of the future—Sandton City|publisher=Wisdom Keys Group|isbn=978-0-620-51612-9}}</ref> universal life products (since 1983), and fully-underwritten medical insurance (since 1991). |
From the late 1950s, Liberty rapidly and organically expanded via innovative retirement annuities (since 1960), the development and management of major shopping centres (since 1975),<ref name="Dream of the past book">{{cite book|title=Dreams of the past become realities of the future—Sandton City|publisher=Wisdom Keys Group|isbn=978-0-620-51612-9}}</ref> universal life products (since 1983), and fully-underwritten medical insurance (since 1991). |
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The company listed on the Johannesburg Stock Exchange (JSE) in 1962. This was the first listing of a life assurance company in the history of the JSE.<ref name="Ken Romain">{{cite book|last=Romain|first=Ken|title=Larger Than Life, Donald Gordon and the Liberty Life Story|date=1989|publisher=Jonathan Ball publishers}}</ref> Liberty Group |
The company listed on the Johannesburg Stock Exchange (JSE) in 1962. This was the first listing of a life assurance company in the history of the JSE.<ref name="Ken Romain">{{cite book|last=Romain|first=Ken|title=Larger Than Life, Donald Gordon and the Liberty Life Story|date=1989|publisher=Jonathan Ball publishers}}</ref> Liberty Group Limited listed on the JSE in 1999—the same year that Standard Bank acquired 53.6% of the Liberty Group Ltd<ref>{{cite book|last=Leadership Magazine|first=Special entrepreneur edition|title=Sir Strenue, The (Liberty) life and times of Donald Gordon|date=2012|page=326}}</ref> |
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In 2009, Liberty Holdings Ltd became the sole listed entry-point for investors when Liberty Group Ltd was delisted. |
In 2009, Liberty Holdings Ltd became the sole listed entry-point for investors when Liberty Group Ltd was delisted. |
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Revision as of 10:49, 8 June 2017
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| Company type | Public company |
|---|---|
| Industry | Financial Services |
| Founded | 1957 |
| Headquarters | Johannesburg,South Africa |
Key people | David Munro (Group Chief Executive), appointed 2017 |
| Total assets | ZAR 668 billion (as at 31 December 2015) |
| Website | http://www.liberty.co.za http://www.libertyholdings.co.za |
Liberty Holdings Limited is a pan-African financial services company with headquarters in Johannesburg, South Africa. Founded in South Africa as the Liberty Life Association of Africa Ltd by entrepreneur and philanthropist Sir Donald Gordon in 1957, the company's Assets Under Management have grown to ZAR 668 billion (as at 31 December 2015).[1]
Development
From the late 1950s, Liberty rapidly and organically expanded via innovative retirement annuities (since 1960), the development and management of major shopping centres (since 1975),[2] universal life products (since 1983), and fully-underwritten medical insurance (since 1991). The company listed on the Johannesburg Stock Exchange (JSE) in 1962. This was the first listing of a life assurance company in the history of the JSE.[3] Liberty Group Limited listed on the JSE in 1999—the same year that Standard Bank acquired 53.6% of the Liberty Group Ltd[4]
In 2009, Liberty Holdings Ltd became the sole listed entry-point for investors when Liberty Group Ltd was delisted.
Africa Operations (Liberty Africa Insurance)
In 2011, the group acquired Liberty Kenya Holdings, consisting of CfC Life (Life insurance) and Heritage Insurance (short–term insurance) in Kenya, which has subsequently been re-branded to Liberty Life Assurance Kenya Limited.
References
- ^ Liberty Holdings Limited Financial Results for the year ended 31 December 2015 (PDF). 2015.
- ^ Dreams of the past become realities of the future—Sandton City. Wisdom Keys Group. ISBN 978-0-620-51612-9.
- ^ Romain, Ken (1989). Larger Than Life, Donald Gordon and the Liberty Life Story. Jonathan Ball publishers.
- ^ Leadership Magazine, Special entrepreneur edition (2012). Sir Strenue, The (Liberty) life and times of Donald Gordon. p. 326.
External links
1. http://www.libertyholdings.co.za 2. http://www.liberty.co.za