FBNInsurance celebrates Sanlam at 100

FBNInsurance Limited says it is celebrating with the Sanlam Group as it marks 100 years of existence on today (Friday).

“FBNInsurance is proud of our association with this financial services giant, which first opened its doors in Cape Town, South Africa,” the firm said in statement on Thursday.

According to the insurance firm, Sanlam, which was founded in 1918, has a rich history and has evolved over the years from a traditional life insurance company to a broad-based diversified financial services provider that specialises in life and general insurance, financial planning, retirement, investments and wealth.

It added that in 1998, Sanlam demutualised, listing on the Johannesburg Stock Exchange Limited and the Namibian Stock Exchange, and was restructured into several independent businesses within a federal business structure.

The statement read in part, “Today, Sanlam is a diversified financial services provider with an extensive product offering catering for all market segments. It also remains a pioneer of technological development and innovation.”


Source: Punch