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Originally published by Capital Business
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business
September 17, 2025
2h ago

Sanlam Kenya plans rebrand to Sanlam Allianz Holdings

Sanlam Kenya plans rebrand to Sanlam Allianz Holdings

NAIROBI, Kenya, Sept 17 – Sanlam Kenya Plc has called a virtual Extra-Ordinary General Meeting (EGM) on October 9 to seek shareholder approval for a Kenya breaking news | Kenya news today |..

✨ Key Highlights

Sanlam Kenya Plc is seeking shareholder approval on October 9 to change its name to Sanlam Allianz Holdings (Kenya) Plc, following a joint venture with Allianz to create Africa's largest pan-African non-banking financial services group.

  • The joint venture, SanlamAllianz, now operates in 26 countries with an equity value exceeding 33 billion South African rand (about €2 billion).
  • Sanlam Kenya reported an increase in insurance revenue to Sh3.73 billion from Sh3.52 billion in the first half of 2025.
  • The firm successfully concluded a rights issue, raising its share capital to Sh3.22 billion and doubling shareholders’ funds to Sh3.85 billion.

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