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Sanlam General Insurance Tanzania [24] – 52% (direct 47% and 5% indirect via NICO Holdings) Sanlam General Insurance Uganda – 84%(direct 79%and 5% indirect via NICO Holdings) NICO Zambia – 62% (direct 49% and 13% indirect via NICO Holdings) Shriram General Insurance, India – 43% via Shriram Capital; Pacific & Orient, Malaysia – 49%
CIC General Insurance Uganda Limited [4] East African Underwriters Limited [5] GoldStar Life Assurance Company Limited; ... Sanlam Life Insurance Company Limited [6]
NICO Holdings' headquarters are in Blantyre, Malawi, with operating presence in six African countries i.e. Malawi, Zambia, Tanzania, Uganda, Mozambique and Zimbabwe. [2] The group offers a wide range of financial products and services which include: asset management, life assurance, retirement planning, general insurance, health insurance, banking, information technology and property management.
One month later the South African Life Assurance Company was established as a full subsidiary of Santam to focus on life assurance while Santam remained focused on short-term insurance. [8] Santam is a subsidiary of South African financial services group Sanlam, which holds 62.3% of Santam’s shares.
Uganda Re is the oldest and among two locally registered Reinsurers in Uganda with Kenya Re. The company was established in 2000. It began commercial operations in 2013. Under current Uganda insurance laws, Uganda Re is guaranteed 15 percent re-insurance business generated within Uganda. [1] [2]
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. [13] Shriram Capital (formerly Shriram Financial Ventures) is the holding company and promoter of Shriram Group's financial services and insurance businesses. [14]
CIC Insurance Group: Insurance: CFCI: Liberty Kenya Holdings Limited (formally CFC Insurance) Insurance: JUB: Jubilee Holdings Limited: Insurance, investments. Crosslisted on the Uganda Securities Exchange and the Dar es Salaam Stock Exchange: KNRE: Kenya Reinsurance Corporation: Reinsurance: SLAM: Sanlam Kenya Plc (formally Pan Africa ...
National Insurance Corporation Limited, commonly referred to as National Insurance Corporation (NIC), is an insurance company in Uganda. The company is a leading provider of insurance and risk management services in the country.