(Bloomberg) -- Sanlam Ltd., the second-biggest South
African life insurer, expects assets under management to jump 23
percent this year to 500 billion rand ($70.3 billion), helped by
rising equity markets and new business sales.
The company, based in Cape Town, has already ``passed the
450 billion-rand mark,'' and had 406 billion rand of assets as of
Dec. 31, Chief Executive Officer Johan van Zyl said today at a
conference in Johannesburg.
Read more at Bloomberg Emerging Markets News
African life insurer, expects assets under management to jump 23
percent this year to 500 billion rand ($70.3 billion), helped by
rising equity markets and new business sales.
The company, based in Cape Town, has already ``passed the
450 billion-rand mark,'' and had 406 billion rand of assets as of
Dec. 31, Chief Executive Officer Johan van Zyl said today at a
conference in Johannesburg.
Read more at Bloomberg Emerging Markets News
No comments:
Post a Comment