Magazine date:
Jul 2021 
Sanlam has sold Life & Pensions UK activities to Chesnara, a British insurance company. The transaction amounts to 39 million GBP (54 million USD).
This operation is part of the South African insurer's strategy aimed at simplifying its operations in the United Kingdom and reallocating capital to Africa and other emerging markets.
The sale, which should be finalized in Q1 2022, is yet to be approved by the competent authorities.Read also | Sanlam to acquire the life activities of Alexander Forbes Life [4]