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Sanlam Allianz Kenya to drop subsidiary in latest shake-up
SanlamAllianz Holdings Limited Group Chief Executive Officer Dr Patrick Tumbo makes his remarks during the rebranding launch of listed non-banking financial services firm Sanlam Kenya Plc to SanlamAllianz Holdings (Kenya) PLC on November 26, 2025 at the JW Mariott Hotel.
Photo credit: Francis Nderitu | Nation Media Group
Sanlam Allianz Holdings Kenya Plc plans to drop the subsidiary structure and make its life insurance business the listed entity on the Nairobi Securities Exchange (NSE).
The company said in a notice it intends to transfer all the assets and liabilities of its wholly owned subsidiary, Sanlam Allianz Life Insurance (Kenya) Limited, to the listed firm as a going concern, subject to regulatory approvals.