A Malaysian subsidiary of South African insurer Sanlam is selling its general insurance business to a unit of Toronto-listed Fairfax Financial Holdings to comply with local law.

South African insurer Sanlam will buy a 60% stake in MultiChoice's insurance business for 1.2 billion rand ($66 million) in cash upfront and a potential performance-based earn-out of up to 1.5 ...

Sanlam is separately hoping to conclude a transaction to buy Malawi-owned Nico’s general insurance operations in four African countries by next month. The bulk of that deal has been completed ...

Indeed, Sanlam operates in 8 out of the 10 largest economies in Africa, with over 154,000 employees globally, delivering superior value to customers, shareholders and the broader society”, he added.

South Africa is likely to be an exception to that rule, owing to “subdued local economic conditions, coupled with the maturity of the South African market,” says Yvonne Mujuru, head of insurance ...

JOHANNESBURG, Sept 5 (Reuters) - South African life insurer Sanlam posted a 43 percent jump in first-half earnings on Thursday propelled by earnings from its new businesses in Malaysia and India ...

Most recently, these included: SPA Life CEO Award (2021), AfricaRe, CEO of the year in Africa (2020), Sanlam Group Chief Executive Officer award (2016).

Shares in South African life insurers Sanlam and Old Mutual are undervalued and don’t reflect their prospects for recovery, according to a research note from Barclays. The country’s economic ...

India's Shriram Group and South Africa's Sanlam Group on Thursday announced the launch of a wealth management joint venture firm, which aims to have ₹ 50,000 crore in assets under advice over ...

June 2 (Reuters) - South Africa's largest insurer Sanlam SLMJ.J said on Tuesday it bought out the remaining 65% stake in Nigerian insurance business FBN Insurance it did not already own from First ...

However, it also powers affinity insurance players; some of the largest in South Africa actually. Some of these clients include Mr Price Money, FinChoice, Telkom, Metropolitan, Sanlam and Guardrisk.