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.
Allianz acquires 66% stake in Kenya’s Jubilee Holdings
PUBLISHED: Fri, 07 May 2021 14:45:37 GMT