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Sanlam is a South African financial services group headquartered in Bellville, Western Cape, South Africa. [2] Sanlam is one of the largest insurance company in Africa.It is listed on the Johannesburg Stock Exchange, the Namibian Stock Exchange and the A2X. [4]
Sanlam Kenya plc was founded on 26 October 1946 [3] as the Indo Africa Insurance Company Limited and began writing life insurance business in 1947. In 1963, the Company became the first insurance company to list its shares on the Nairobi Securities Exchange.
On 3 March 2014, Sanlam Emerging Markets a South African financial services group, announced that it had concluded an agreement to acquire 63% interest in Soras Group in a deal valued at USD 24.3 Million. [9] [10] This acquisition was completed in June 2014 made SORAS part of a larger global group. [11]
Santam is a subsidiary of South African financial services group Sanlam, which holds 62.3% of Santam’s shares. [ 1 ] : 23 Santam released their annual financial results for 2022 on 2 March 2023.
The Sanlam Cape Town Marathon is a City Marathon (42.2 km) held in Cape Town, South Africa, first held in its current form in 2007.Available distances include the marathon, a 10K, a 5K, and two trail runs of length 22 km and 12 km.
Website www .miway .co .za MiWay Insurance is the first South African -based direct insurance company to offer the purchase and administration of short-term insurance policies online. [ 1 ]
Shriram Life Insurance is the life insurance arm of the group, and a joint venture between Shriram Group and South African company Sanlam. [13] Shriram General Insurance is engaged in commercial and retail vehicle insurance, home insurance and travel insurance. It is a joint venture between Shriram Group and Sanlam. [14]
Metropolitan was founded in 1898 as Homes Trust Limited and was later acquired by Sanlam in 1918. [3] [4] Sanlam merged Homes Trust Limited with Metropolitan Life Insurance Company Limited (another one of its subsidiaries) to form Metropolitan Homes Trust Life Limited in 1979.