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Sanlam could invest in Egypt within 12 months: CEO

Posted On: Sep. 10, 2019 6:44 AM CST

Ian Kirk, chief executive of South Africa-based insurer Sanlam Ltd., said that the insurer could invest in Egypt in the next 12 months, Middle East Insurance Review reported citing Reuters. Sanlam is currently looking at a number of potential companies, Mr. Kirk said. Meanwhile, the insurer's profit fell 32% in the first half.

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