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 07:10
Sanlam said its associate company FBN Life Assurance had acquired 71.2% of Nigeria-listed short-term insurer Oasis Insurance for an undisclosed sum.
19 Feb 2014 13:25
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 09:59
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 11:03
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 11:33
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 11:46
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 10:36
Growing affluence in emerging markets is good news for manufacturers of gas-guzzling vehicles.
11 Mar 2013 07:32
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 09:34
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 08:42
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 07:04
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