Thu, 16 Feb 2017 13:59:27 +0000 By SHEILA SAKUPWANYA Introduction Sanlam Life Insurance Zambia, formerly known as African Life Insurance Zambia, has been operational in Zambia since 2002 with the initial capital investment of K6.3 billion. The company changed its name from African Life Assurance to Sanlam Life Insurance Zambia in May 2016. Who owns Sanlam Life Insurance Zambia? Sanlam Life Insurance Zambia is part of a pan-African Financial Services Group, a leading financial services group in Africa. The group was established in 1918, it demutualised in 1998 and Sanlam Limited listed on the Johannesburg stock exchange and Namibian stock exchange. Its main focus is on individual Life Assurance, Group Life Covers, Annuity Business, Medical Health Insurance and Bancassurance products. Sanlam Zambia, formerly known as African Life Insurance, was initially set up and licensed as a 100% subsidiary of African Life South Africa before it became part of the Sanlam Group. […]
