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Tag Archives: Sanlam

Allianz, Sanlam merger to form powerful non-bank financial company

Johannesburg, South Africa | THE INDEPENDENT | Sanlam, Africa’s largest non-banking financial services provider, and Allianz, one of the global insurance and financial services leaders have got approvals from regulators to merge their operations in 27 African countries including Uganda. The two have announced that they have received regulatory approvals …

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Sanlam inks deal with MTN Group’s InsurTech

Kampala, Uganda | THE INDEPENDENT | Sanlam and MTN Group have announced a strategic alliance to market and distribute insurance and investment products across Africa, and have reached a significant milestone with the fulfilment of the regulatory, competition and other requirements. The effective date of the transaction is 31 October 2022. …

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Sanlam takes over Metropolitan Life insurance portfolio

This increases the insurer’s market share to 12.8% with gross written premiums of Shs41.7bn Kampala, Uganda | ISAAC KHISA | South African based financial services provider, Sanlam Emerging Markets (Sanlam) has continued with the expansion spree in Uganda, with the latest information indicating that its life insurer, Sanlam Life Insurance, …

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Sanlam unveils Income Fund

The product could be a solution for pension funds seeking to diversify their holdings Kampala, Uganda | ISAAC KHISA | Sanlam Investment East Africa has unveiled Sanlam Income Fund in a bid to raise more capital for various investments but also provide favourable returns to investors. This new product places …

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How Uganda’s insurance firms performed in 2018

Only nine insurance companies recorded approximately Shs40bn as profit Kampala, Uganda | ISAAC KHISA | Only nine out of 21 Non-life insurance companies operating in Uganda made profits for the year ended Dec.2018, data from the Insurance Regulatory Authority of Uganda shows. Jubilee, UAP, Sanlam, Britam, Goldstar, Alliance Africa, Statewide, …

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Sanlam to pursue bond default directors

Kampala, Uganda | THE INDEPENDENT |  Sanlam Kenya now wants directors of companies that defaulted on Ksh1.15 billion through corporate bond issues held personally liable for “misleading” the investment firm, according to Business Daily. CEO Patrick Tumbo said the company will take legal action against firms such as Kaluworks, a …

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