Did you know that Sanlam, South Africa's second largest life insurer, has confirmed that it is examining a possible acquisition of United Kingdom's life insurance business of General Electric (GE), as one of several opportunities for enhancing its capital efficiency.
No. Then read on.
As per the previous performance graphs which I have seen often published in newspaper it can be judged that Sanlam continuously looks for ways to enhance its capital efficiency and returns to shareholders, which is true.
Though the deal has not been finalized, I thought it was important to keep you abreast of all that is happening on the insurance front.
|