Sanlam grows new business by double digits after boost from Morocco
The insurer says this helped offset pressure on SA’s middle-income consumers as the local market struggles
12 March 2020 - 08:28
Insurer Sanlam said on Thursday strong growth in some of its African operations helped offset economic pressure on SA’s middle-income consumers in its year to end-December, when it managed double-digit growth in new business volumes.
SA’s largest insurer said its diversification into new regions was paying off, with North and West Africa the standout performer for the year, growing new business volumes by 81%...
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