Allianz

9 Articles
Allianz completes final acquisition of majority stake in Jubilee’s general insurance business in East Africa
BUSINESS

Allianz Takes Control Of Jubilee’s General Insurance Business In East Africa

Underwriter Allianz has taken control of Jubilee Insurance Mauritius Limited after purchasing 66% of shares in the company (equivalent to 3,554,275 ordinary shares)....

The joint venture will have operations in at least 29 African countries. [Photo/ File]
FEATURED STORY

New Pan-African Insurance Giant Born in Sanlam, Allianz Joint Venture

In Kenya, both Sanlam and Allianz have a presence. Allianz completed the acquisition of a majority stake in Kenya's Jubilee Insurance in 2021...

The world’s piracy hotspot, the Gulf of Guinea, accounted for over 95% of crew numbers kidnapped worldwide in 2020.
BUSINESSFEATURED STORY

Allianz: The Gulf of Guinea Remains the World’s Piracy Hotspot

Despite the devastating economic impact of Covid-19, the effect on maritime trade has been less than first feared. Global seaborne trade volumes are...

“The grounding of worldwide fleets during the pandemic has represented an unprecedented event for the aviation industry,” says Dave Warfel, a Regional Head of Aviation at AGCS. [Photo/ Aviation International News]
BUSINESS

Aviation’s Post Covid-19 Take-off: 9 Industry Trends to Watch

As more aircraft return to the skies, a new report from aviation insurer Allianz Global Corporate & Specialty (AGCS) highlights some of the unique challenges...

Allianz acquires Jubilee Insurance
BUSINESSMARKETS

Jubilee Insurance Set To Change Name After Acquisition By Allianz

The acquisition, announced on 4th May 2021, follows the execution of an agreement signed on September 29, 2020, whereby Allianz agreed to acquire...

Ludovic Subran Allianz Africa
FEATURED STORY

Allianz Experts See ‘Confidence Shock’ Lifting East African Economies

Allianz is confident about the short-term economic development and forecasts a strong rebound of global GDP by +4.4% for 2021.

JUbilee Insurance Allianz merger
STOCKS

Jubilee Insurance Deal With Allianz Triggers Investor Interest

Jubilee ' insurance business remains healthy with general business accounting for 28% of the group’s gross written premiums.

FEATURED STORY

Jubilee Insurance Sells Off General Business in 5 Countries For Sh11bn

The global company has acquired a majority stake in JHL's general insurance business, also known as the property & casualty insurance segment

FEATURED STORY

Allianz joins top 50 most valuable global brands

Global firm started its rise with a brand value of Ksh 505.4 billion in 2010 and its 2017 growth momentum is similar to...