Sanlam eyes faster growth in Allianz joint venture deal

Sanlam House on Kenyatta Avenue in Nairobi.  

Photo credit: File | Nation Media Group

Insurance multinational Sanlam Limited intends to accelerate the growth of its African business through its joint venture with Allianz SE which will bring together their interests in multiple markets including Kenya.

The companies are set to start their 10-year partnership in three months, combining their interest in their local subsidiaries Sanlam Kenya and Jubilee Allianz General Insurance Kenya among other assets spread across various markets.

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