what we do

Collateral Replacement Indemnity

The main focus is the reinsurance to the HLGC, primarily for a portion of their exposure to lenders in terms of the CRI. The CRI is offered by HLGC to lenders, through which they effectively swap assumed risk for the insurance premium, which in turn provides a platform for affordable, available housing finance to the lower income demographic

The indemnity offered in terms of the agreement is premised on banks' mortgage advances in terms of established and acceptable lending criteria. These criteria form part of the insurance agreements, as does the debt management process to be followed in the event of default.