Sanlam has sets its sights on Africa as the insurer plans to exit several of its UK-based operations to free up capital for its expansion plans on the continent.
This comes at a time when the company is still dealing with the fallout from Covid-19 where mortality claims for the month of July 2021 were about R2bn, about double the amount recorded in July 2020.
Source: News Formal (newsformal.com)
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