joint venture

Sanlam, Allianz partner up to create pan-African insurance giant

By Aurélie M’Bida

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Posted on September 5, 2023 11:22

People wearing face masks walk past the Johannesburg Stock Exchange in Sandton, South Africa, November 9, 2020. REUTERS/Siphiwe Sibeko

SanlamAllianz will operate in 27 African nations, with a combined asset portfolio of nearly $2.15bn.

Sanlam and Allianz have finalised their partnership, creating a joint venture, SanlamAllianz, that is set to be a continental giant in the insurance sector.

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