Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Sanlam Proposes Taking Control of Kenya’s Pan Africa Insurance

April 28 (Bloomberg) -- Hubris Holding Ltd., a unit of Sanlam Ltd., proposed purchasing additional stock of Pan Africa Insurance Holdings Ltd. to take its share to a controlling stake in the Kenya-based company offering life and general coverage.

Hubris Holdings currently owns 50 percent in Pan Africa, the company said in a statement published in the Nairobi-based Saturday Nation newspaper today. Sanlam is the largest insurer based in South Africa by market value.

To contact the reporter on this story: Eric Ombok in Nairobi at eombok@bloomberg.net.

To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.