Zurich / SA Eagle

Since 30 July 2007 SA Eagle is now trading as Zurich Insurance Company South Africa Ltd.  Financial Services Group (Zurich) has announced this as the majority-stakeholder of SA Eagle.

Zurich(formerly known as SA Eagle) in South Africa (Zurich) is a short-term insurance company headquartered in Johannesburg and listed on JSE Limited. Founded in 1965, Zurich offers insurance products and services that respond to the needs of individual, commercial and corporate customers. It has a network of 11 sales areas and a series of service outlets across the country, and employs approximately 1 000 people. In addition, Zurich has subsidiaries locally as well as in Botswana and Zimbabwe.

In compliance with the Financial Sector Charter, a 10 percent stake of the total issued share capital is held by Royal Bafokeng Finance (Pty) Limited. The BEE transaction addresses issues of ownership and equity in the industry. According to the terms of the Charter, Zurich has undertaken to fund specific projects nominated by Royal Bafokeng Finance in areas such as corporate social investment, enterprise development and empowerment financing.

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Common misspellings variations: zuich , saeagle , seagle , saeagel , seagel , zurch