Sanlam Ltd, South Africa’s No.1 insurer, will be exploring “strategic alternatives” in relation to its investments with Allianz SE for their respective African businesses, excluding Sanlam’s home market of South Africa. Sanlam’s subsidiary Santam, the largest non-life insurer in South Africa, also released a parallel statement.
Read the original article here: https://www.reuters.com/world/africa/insurers-sanlam-allianz-exploring-options-africa-operations-2021-12-22/