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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 ...
Standard Group Plc HQ Office, The Standard Group Center,Mombasa Road. P.O Box 30080-00100,Nairobi, Kenya. Telephone number: 0203222111, 0719012111 ...
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 ...
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 ...
South Africa's largest insurer Sanlam said on Tuesday it bought out the remaining 65% stake in Nigerian insurance business FBN Insurance it did not already own from First Bank, deepening its ...
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 the ...
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.
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.
Sanlam Pan Africa (SPA) has inducted Valentine Ojumah into its Council of Elders. In a statement, the Senior Marketing Services Coordinator Sanlam Life Insurance Nigeria Limited, Bankole Banjo ...
South Africa’s largest insurer Sanlam plans to conclude three or four acquisitions in other African countries this year as it chases faster-growing markets, a senior official said.