Sanlam Life, South Africa’s second-largest life assurer, will buy a 50% stake in niche life assurer Channel Life from its parent, PSG Group, for R116,5-million, the two companies said on Thursday. The ...
Channel Life has acquired the entire share capital of South Africa’s oldest black life insurer, Safrican, the companies announced on Wednesday. ”Having Channel Life as a shareholder will allow us to ...