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Sanlam Life Insurance, Tanzania – 64%; Sanlam Life Insurance, Zambia – 70%; Sanlam Life Insurance, Uganda – 100%; Sanlam Life Insurance, Nigeria – 100%; Sanlam General Insurance, Nigeria – 100%; Shriram Life Insurance, India – 42% via Shriram Capital; Soras Vie, Rwanda – 100%; MCIS Life Insurance, Malaysia – 51%; Sanlam Life ...
Prudential Assurance Uganda Limited (Acquired Goldstar Insurance in June 2015) The Jubilee Life Insurance Company of Uganda; Liberty Life Assurance Company Limited; NIC Life Assurance Company Limited; Sanlam Life Insurance Company Limited [6] UAP Life Assurance Uganda Limited; CIC Africa Life Assurance Limited
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]
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.
Metropolitan was founded in 1898 as Homes Trust Limited and was later acquired by Sanlam in 1918. [4] [5] 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.
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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 .
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