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African insurance policy holders can expect greater gains

Insurance companies need to shift their investment strategies...

4 Mar 2016

Sanlam looking to invest in Africa, South-East Asia

Sanlam says it has R3bn in discretionary capital that is earmarked for growth opportunities mainly in Africa and South-East Asia.

By Phakamisa Ndzamela 6 Jun 2014

Santam wants to unwind international division

South Africa's largest short-term insurer‚ Santam‚ said last week it was looking to unwind its Europe-focused international division.

By Phakamisa Ndzamela 23 Apr 2014

Old Mutual sees strong customer growth

London- and JSE-listed insurer Old Mutual grew the number of customers in its operations in the rest of Africa by 590,000 in 2013 as it continues to focus on emerging markets to achieve growth.

By Gillian Jones 3 Mar 2014

Sanlam, Santam work together in emerging markets

Sanlam and short-term insurer Santam will work together in emerging markets as the group expands into the rest of Africa‚ and South-east Asia.

By Gillian Jones 13 Dec 2013

Fifty shades of Old Mutual green

It is surprising to see how limited Old Mutual's exposure to most of the large markets in Africa has been. For its first 160 years it focused on a few of the outposts of the British empire in East and southern Africa, with little claim to be a pan-African insurer.

19 Aug 2013

Mutual & Federal buys Agricola

Mutual & Federal, the short-term insurance firm owned by Old Mutual, said last week it had bought the insurance book of specialised crop underwriting manager Agricola for an undisclosed amount.

By Phakamisa Ndzamela 12 Aug 2013

Old Mutual earnings up 22% in six months

London- and Johannesburg-listed insurer Old Mutual reported good results on Wednesday (7 August) in most areas of its business for the six months to June this year.

By Gillian Jones 8 Aug 2013

Old Mutual buys Faulu in Kenya

Old Mutual has bought a third company, Faulu Kenya, as it expands its footprint on the African continent, the company said on Wednesday (3 July).

4 Jul 2013

Norton Rose tells insurers to tread carefully in Africa

Global legal practice Norton Rose has advised South African insurers expanding into other African countries to look beyond the sector-specific regulatory requirements in the jurisdictions they are entering as failure to do so could undermine their investments.

By Phakamisa Ndzamela 20 Mar 2013

Old Mutual puts billions into Africa

Old Mutual will invest R5bn in Africa over a three to five year period as part of its strategy to expand its footprint on the continent.

By Phakamisa Ndzamela 5 Mar 2013

Sanlam's sub-Saharan fund launches soon

Financial services group Sanlam is due to launch its sub-Saharan Africa Real Estate Fund at the end of March‚ which it intends to list on the Stock Exchange of Mauritius.

By Nick Hedley 12 Feb 2013

Pirates seize French tanker off Abidjan

ABIDJAN COTE D'IVOIRE: A French tanker has been hijacked by pirates off Ivory Coast, port authority officials in the economic capital Abidjan confirmed on Monday (4 February).

5 Feb 2013

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