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Top Africa insurer Sanlam flags ‘Massive’ risks from Iran war

Top Africa insurer Sanlam flags ‘Massive’ risks from Iran war

by AIP Online Bureau | Mar 13, 2026 | Eco/Invest/Demography, International News, Non-Life, Risk Management

The escalating tensions will hurt earnings of the firm with operations in 27 nations “very directly” as investor flight hits global equity markets and as rising fuel prices trigger inflationary pressure, which will result in higher borrowing costs.You impact consumers...
Piramal Finance to exit Shriram Life, sells its 14.72 pc stake to Sanlam for Rs 600 cr

Piramal Finance to exit Shriram Life, sells its 14.72 pc stake to Sanlam for Rs 600 cr

by AIP Online Bureau | Dec 19, 2025 | Eco/Invest/Demography, Indian News, Life, Regulation

The transaction is expected to close in the quarter ending March 31, 2026, subject to receipt of the requisite regulatory approvals, including approval of the Insurance Regulatory and Development Authority of India, Piramal Finance said in a regulatory filing New...

Sanlam to buy majority stake in financial wing of top African media group

by AIP Online Bureau | Jun 18, 2024 | Eco/Invest/Demography, International News, Life, Non-Life

The deal gives Sanlam an opportunity to further expand its insurance and financial services business across Africa, the companies said. Opportunities outside South Africa will be facilitated through its SanlamAllianz business JOHANNESBURG: South African insurer Sanlam...
S Africa’s Sanlam hikes stake in 2 Shriram insurance JVs, TPG to exit insurance cos

S Africa’s Sanlam hikes stake in 2 Shriram insurance JVs, TPG to exit insurance cos

by AIP Online Bureau | Apr 5, 2024 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation

Sanlam has already entered into a share purchase deal to buy 6.29 per cent in Shriram General  Insurance Company (SGIC) and 7.04 per cent in Shriram Life Insurance Company (SLIC) from TPG India Investments, and 4.45 per cent in SGIC and 4.98 per cent in SLIC from the...
Sanlam banks on India as its home market reels

Sanlam banks on India as its home market reels

by AIP Online Bureau | Jan 22, 2024 | Eco/Invest/Demography, Indian News, Life, Non-Life

Paul Hanratty,Chief Executive Officer, Sanlam “If you ask where our real short-term upside is, it’s India. We’ve got a great business with them, growing tremendously. That is our fast-growth outlet” Paul Hanratty, 62 Sanlam Ltd., Africa’s biggest insurer, is banking...
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