Share

Allianz acquires 66% stake in Kenya’s Jubilee Holdings

German global insurance firm Allianz has completed an acquisition of 66 per cent stake in Jubilee Holdings, Kenya’s largest insurance company. The merger will see the two parties expand their insurance businesses across Kenya, Tanzania, Uganda, Burundi and Mauritius. Coenraad Vrolijk, Allianz Africa Regional CEO joins CNBC Africa for more.

Fri, 07 May 2021 14:45:37 GMT
Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.