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Sanlam invests Sh881m in life and general units

Sanlam Kenya CEO Patrick Tumbo and acting Sanlam General Insurance CEO Caroline Laichena during a media briefing in Nairobi on January 17. PHOTO | SALATON NJAU | NMG

By  Patrick Alushula

Business Reporter

Nation Media Group

Sanlam Kenya #ticker:PAFR invested an additional Sh881 million in its general and life insurance business, sending cumulative investment in the two subsidiaries to Sh2.28 billion.

The company’s latest annual report shows most of the investment (Sh643.14 million) went into the life business while Sh238 million was pumped into the general insurance unit.

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Note: The results are not exact but very close to the actual.

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