South African insurer Santam eyes regional expansion.

By bne IntelliNews April 12, 2011
South African insurer Santam plans to expand into as many as three African countries by the end of the year, the Business Day newspaper reported. We are in seven countries and we will be in nine or 10 probably by the end of the year, Ian Kirk, Santam's chief executive officer, was quoted as saying. The insurer has previously announced plans to start new medical insurance businesses in Tanzania and Zambia this year.

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