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Core profit also rises sharply on greater cost efficiencies.
Sanlam Emerging Markets (SEM) announced that it has acquired a 40% shareholding in one of the largest general insurance companies in Ghana, Enterprise Insurance Company (EIC) for approximately ZAR 240 million. The transaction remains subject to regulatory approval in Ghana.
Indwe Broker Holdings announced the sale of its administration business, Orico, to Brolink - a leading administrator recently acquired by Santam, South Africa’s largest short-term insurer.
Bert Levenson Insurance Brokers (Bert Levenson) and Jurgens Insurance Brokers (Jurgens) today announced their merger to become one of the leading insurance brokerages within Gauteng.
Are financial advisers ready for the combined impact of COFI and AI?