South Africa Insurer Santam Plans Asia Expansion, Following Success of Parent Sanlam August 30, 2024 By Adelaide Changole South Africa-based general insurer Santam Ltd. plans to expand in Asia to diversify its premiums and counter tepid growth at...
South African Premiums to Rise as Insurers Face Growing Flood, Fire Risks: Sanlam September 8, 2022 By Adelaide Changole South Africans could soon be paying as much as 5% more on their premiums as insurers face growing risks both...
African Insurers and Banks Form Alliance to Tackle Biodiversity Crisis June 10, 2022 By Natasha White Many of Africa’s biggest banks and insurers have joined forces to tackle the continent’s biodiversity crisis while at the same...
World’s Biggest Re/Insurers Expanding in Africa, but Climate Change Could Hit Profits June 10, 2022 By Emma Rumney The world’s biggest insurers are expanding in Africa, looking to tap growth promised by a rising population and middle class,...
Africa’s Largest Insurer, Samlam, Partners With Allianz on $2.1 Billion Deal May 4, 2022 By John Bowker Sanlam Ltd., Africa’s largest insurer, agreed to form a joint venture with Germany’s Allianz SE that will combine their assets...
Insurers Sanlam and Allianz Explore Options for Their African Businesses December 22, 2021 JOHANNESBURG – African insurer Sanlam Ltd. said on Wednesday it was exploring “strategic alternatives” with Germany’s Allianz SE for their...
Insurer Sanlam Braces for More Virus Waves in South Africa March 12, 2021 By Roxanne Henderson South Africa may still be short of the halfway mark of the pandemic even after two distinct waves of the...
South African Insurer Santam to Pay Virus Relief to Clients with Biz Interruption Cover July 27, 2020 By Roxanne Henderson South Africa’s largest property and casualty insurer will pay as much as one billion rand ($60 million) in relief to...
Largest African Insurer Sanlam Completes Acquisition of Morocco’s Saham Finances October 11, 2018 By Vernon Wessels and Roxanne Henderson Sanlam Ltd., Africa’s largest insurer by market value, said it fulfilled all the conditions for the $1.1 billion purchase of...
Sanlam Looks for More African Deals After $1.1B Investment in Morocco’s Saham March 8, 2018 By Vernon Wessels and Souhail Karam Fresh from sealing its biggest ever deal, Sanlam Ltd. is still scouring Africa for more acquisitions to extend its lead...