Sanlam General Insurance Ghana LTD

Sanlam General Insurance Ghana LTD is a non-life insurance company offering innovative products for Retail, SME, Corporate Pan-African, and multinational markets. Originally Beacon Insurance, which had been in the Ghanaian market since the ’80s, and was acquired in 2010 by Colina.

Participation was branded as Colina Insurance and later in 2014 rebranded as Saham Insurance, when its parent company at the time rebranded to Saham Finances headquarted in Casablanca, Morocco. The Saham Group was created through the acquisition of the Agma brokerage company in 1995, which subsequently in 2010, acquired the Colina Group, Africa’s leader for insurance present in 16 countries. In 2018, Sanlam Emerging Markets (SEM), which was a minority shareholder in Saham Finances Group, acquired 100% of Saham Finances to expand its footprints in Africa, especially Francophone Africa. The acquisition increased Sanlam Group’s footprint to 33 countries out of the 54 countries in Africa, making it the largest Pan-African financial services company, with 2 main divisions in Life.

Insurances headquarted in Cape Town South Africa, and Non-Life Insurances headquartered in Casablanca, Morocco. It also has a presence in other markets such as Europe, the UK, Asia, and America. Sanlam General Insurance Ghana LTD is a subsidiary of the Sanlam Group, a leading diversified Pan-African Financial Services provider, listed on the Johannesburg Stock Exchange, the Namibian Stock Exchange, and the A2X Markets. Established in 1918 as a life insurance company, Sanlam Group has developed into a diversified financial services business. Empowering generations to be financially confident, secure, and prosperous; achieving that purpose, driving that growth unrivalled long-term growth potential as the leading non-banking financial services group on the African continent.


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