Public Investment Corporation is investing in Yalu

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Public Investment Corporation (PIC), an organization that manages pension funds in South Africa, has invested in Yalu, an insurtech specialized in life insurance.

This investment will enable PIC to sell, as of June 2018, bank loan-backed life insurance plans at advantageous prices. The amount of the transaction has not been disclosed, though.

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Mon, 16/07/2018 - 13:04
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