Sanlam Acquires Controlling Stakes in Indian Insurance Business

  • 📰 News24
  • ⏱ Reading Time:
  • 28 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 43%
  • Publisher: 80%

Business 뉴스

Sanlam,Insurer,Joint Venture

Africa's largest insurer, Sanlam, has acquired controlling stakes in the insurance business of its joint venture in India, as it looks to diversify away from its home continent and tap into the massive potential of the world's most populous nation.

Africa's largest insurer Sanlam said on Friday it has taken controlling stakes in the insurance business of its joint venture in India. The R2 billion in acquisitions comes as the company eyes the massive potential of the world's most populous nation and looks to diversify away from its home continent.

Sanlam's venture with Shriram dates back to 2005 and it has built up its stake over the years, with that market's contribution to its net result from financial services also steadily growing, to 17% as of 2023.South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism.

This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 4. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Sanlam slips even as it ups dividend 11% on record earningsSanlam slips even as it ups dividend 11% on record earnings
출처: Fin24 - 🏆 21. / 63 더 많은 것을 읽으십시오 »