Category archives for: Insurance

Tech adoption augurs well for investment in Kenya

Left to Right: Coenraad Vrolijk, Regional CEO Africa Allianz, Oliver Baete, Chairman of the Board of Management of Allianz SE engage with Demba Sy, 
CEO Allianz Insurance Co. of Kenya at Allianz Kenya offices

From MARIA MACHARIA in Nairobi, Kenya NAIROBI, (CAJ News) – RAPID advances and adoption of technology in Kenya augurs well for foreign businesses investing in the country, an executive from one of the largest general insurance companies in the world has said. Oliver Baete, Board Chairman of Allianz, said this when he visited the firm’s […]

Sanlam announces executive changes

Sanlam Group Chief Executive Officer, Ian Kirk

By GIFT NDOLWANE JOHANNESBURG, (CAJ News) – SANLAM has announced Chief Executive Officer of its personal finance entity (SPF), Hubert Brody, will step down on May 31. Jurie Strydom, currently the joint Deputy CEO of SPF, has been appointed CEO of the entity. With effect from April 1, Temba Mvusi, the Chief Executive of Group […]

Sanlam expands East Africa footprint with Kenya acquisition

Sanlam East Africa

By MTHULISI SIBANDA JOHANNESBURG, (CAJ News) – THE South African-headquartered Sanlam Group has announced the acquisition of a major stake in PineBridge Investments East Africa Limited (PIEAL) in Kenya. An agreement has been reached between the subsidiary Sanlam Emerging Markets (SEM), with PineBridge Investments, a leading global multi-asset class asset manager. The transaction is subject […]

Sanlam delivers double-digit earnings despite challenging environment

Sanlam

Business Reporter JOHANNESBURG , (CAJ News) –The Sanlam Group has  announced  it had achieved a satisfactory performance with double-digit growth in all key operational performance indicators despite a challenging environment. According to the end of year results the Group increased its dividend by 9.4% to 268 cents per share. The Group attributed the sustained performance […]

Diamond sponsorship for African Utility Week

KPMG

from DION HENRICK in Cape Town CAPE TOWN, (CAJ News) – PREPARATIONS for the 17th annual African Utility Week have received a major boost after KPMG, the professional services company, was confirmed as the diamond sponsor. The conference and expo will take place from May 16 to May 18 at the Cape Town International Convention […]

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