Sanlam Kenya Plc

Sanlam Kenya Plc, formerly known as Pan Africa Insurance Holdings Limited, is a Kenya-based holding company primarily engaged in the underwriting of long-term insurance business through its subsidiary Pan Africa Life Assurance Limited. The company offers a range of products including ordinary life assurance for individuals, superannuation for group insurance schemes, and investment management services via PA Securities Limited. It is part of the larger Sanlam Group, a South African financial services conglomerate with global interests.

Founded on 26 October 1946 as Indo Africa Insurance Company Limited, it began writing life insurance in 1947 and became the first insurance company listed on the Nairobi Securities Exchange in 1963, at which time it rebranded to Pan Africa Insurance Company. The group joined the Sanlam Group in 2005 following the acquisition of African Life Assurance and rebranded to Sanlam Kenya Plc in August 2016. It has expanded through acquisitions, such as increasing its stake in Gateway Insurance.

Listed on the NSE under the ticker SLAM, Sanlam Kenya operates in the financial services sector, focusing on insurance and asset management. It holds a modest market position as one of the mid-tier listed insurers on the exchange, with a market capitalization around KES 1.3 billion, serving the Kenyan market through its Nairobi headquarters.