Business News of 2014-04-03

Momentum Health rebrands to Metropolitan Life

met lifeHealth insurance provider, Momentum Health Insurance is soon expected to rebrand to Metropolitan Life.
The move follows the merger of the two, Metropolitan Life and Momentum into MMI Holdings.
MMI Holdings, following the merger, has become the third largest financial services provider listed on the Johannesburg Stock Exchange (JSE) in South Africa with capitalization of about 51billion dollars.
Chief Executive Officer of the Metropolitan Life, J A Kruger tells Citi Business News the merger gives his outfit the muscle to execute swifter service delivery.
‘We have access to more resources with the bigger financial groups backing our Ghanaian operations we also have more access to people, technology and capital and that can benefit the business.’