Real Insurance acquired by Britam
Henceforth, Real Insurance Company is officially part of Britam, a Kenyan group specialized in financial services.
The process of its integration to Britam’s non life subsidiary has been completed successfully. This move ensures the emergence of a large-scale non life insurer in Tanzania.
Economies of scale are expected. The new entity will be endowed with a broadened human, technological and financial capital.
Britam is the group that now has the largest geographical presence in the field of insurance in East Africa where it is ranking second in terms of gross premiums.
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