The sale is part of the
"We have evaluated various options to attaining market leadership in
"We believe that the various options require substantial further investment and carry significant risk to attaining the objectives of market leadership and real returns in the medium term," Oginga added.
"As a result, we have decided to sell our stake in our short-term insurance business to
However, the pan-African insurer intends to partner with local players in
UAP Insurance Tanzania expects the sale not to impact policies in
"We are communicating with our customers and key stakeholders, and the reassurance we are giving is that they can expect continued excellent service."
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