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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)....
BT Reporter1 Mins read
In Kenya, both Sanlam and Allianz have a presence. Allianz completed the acquisition of a majority stake in Kenya's Jubilee Insurance in 2021...
MARTIN SIELE1 Mins read
Despite the devastating economic impact of Covid-19, the effect on maritime trade has been less than first feared. Global seaborne trade volumes are...
BUSINESS TODAY6 Mins read
As more aircraft return to the skies, a new report from aviation insurer Allianz Global Corporate & Specialty (AGCS) highlights some of the unique challenges...
BUSINESS TODAY6 Mins read
The acquisition, announced on 4th May 2021, follows the execution of an agreement signed on September 29, 2020, whereby Allianz agreed to acquire...
BT Reporter2 Mins read
Allianz is confident about the short-term economic development and forecasts a strong rebound of global GDP by +4.4% for 2021.
BT Correspondent2 Mins read
Jubilee ' insurance business remains healthy with general business accounting for 28% of the group’s gross written premiums.
BT Correspondent1 Mins read
The global company has acquired a majority stake in JHL's general insurance business, also known as the property & casualty insurance segment
Samuel Gitonga3 Mins read
Global firm started its rise with a brand value of Ksh 505.4 billion in 2010 and its 2017 growth momentum is similar to...
BT Correspondent1 Mins read
![The joint venture will have operations in at least 29 African countries. [Photo/ File]](https://i0.wp.com/businesstoday.co.ke/wp-content/uploads/2022/05/images-63.jpeg?fit=680%2C328&ssl=1)
![“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]](https://i0.wp.com/businesstoday.co.ke/wp-content/uploads/2021/07/ain.jpg?fit=680%2C452&ssl=1)
