Assupol Life, one of South Africa's oldest long-term mutual insurance companies, announced on Monday that it has notified the Financial Services Board of its intention to demutualise. The application ...
Assupol has been awarded the top performer in the Ask Afrika Orange Index Long-Term Insurance Life category. This after an independent extensive evaluation of customer research by the Ask Afrika ...
A manager entrusted with distributing millions of rand in claims to vulnerable clients at a leading insurance company now finds herself facing a prison sentence after she pleaded guilty to fraud ...
Sanlam Ltd., South Africa’s biggest insurer by market value, is buying smaller rival Assupol Life Ltd. for 6.5 billion rand ($349 million) to help cement its footprint at home. The proposed ...
Sanlam last week proposed to buy its smaller competitor, Assupol Holdings Limited, for around N$6.5 billion. Sanlam has officially stated its intention to acquire 100% of the issued ordinary shares of ...
Assupol Life, a South African life insurer, plans to issue shares to the public after distributing stock to qualifying policyholders and some staff through a demutualization that may help raise funds ...
Johannesburg, South Africa, June 05 , 2012 IFC, a member of the World Bank Group, agreed today to make an equity investment of up to ZAR 170 million (approximately $20 million) in Assupol Holdings ...
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Analysis of the key themes driving M&A activity reveals that insurtech accounted for 3 life insurance deals announced in Q1 2024, worth a total value of $349m. The $348.2m acquisition of Assupol by ...
Africa’s biggest insurer Sanlam Limited, through its wholly-owned subsidiary Sanlam Life Insurance Limited (Sanlam Life), intends to buy a 100% shareholding of Assupol Holdings Limited for R6.5 ...
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