Transaction amount in millions USD
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| Date | Acquirer | Acquirer's country | Target company | Target company's country | Transaction amount | Transaction type |
| December 2025 | Gallagher Re | United Kingdom | Resilea | South Africa | NA | Acquisition of the company |
| November 2025 | Wafa Assurance | Morocco | Delta Insurance | Egypt | 67 | Acquisitionof a 63.4% stake |
| September 2025 | Wafa Assurance | Morocco | Allianz Maroc | Morocco | NA | Acquisition of a network of sales outlets, consisting of 31 direct management offices and 25 contracts with independent general agents |
| July 2025 | SUNU Assurances Vie | Cameroon | Advans (1) | Cameroon | NA | Acquisition of a 24.88% stake |
| May 2025 | Hollard International | Mozambique | Absa | Mozambique Botswana Zambia | NA | Acquisition of a 100% stake |
| April 2025 | Jubilee Health Insurance Company of Uganda | Uganda | Jubilee Life Insurance Company of Uganda | Uganda | NA | Merger operation |
| April 2025 | Tamini Insurance | Djibouti | Takaful Insurance of Africa | Kenya | NA | Acquisition of a 65% stake |
| February 2025 | GIG Egypt | Egypt | AIG Egypt | Egypt | NA | Merger between GIG Egypt and AIG Egypt |
| December 2024 | Allianz Europe | Germany | Sanlam Allianz | South Africa | 244 | Acquisition of a 8.59% stake |
| December 2024 | Britam Holdings | Kenya | Continental Reinsurance | Kenya | 5.9 | Acquisition of a 30% stake |
| September 2024 | Sanlam Limited | South Africa | Assupol Holdings | South Africa | 375 | Acquisition of 100% of capital |
| June 2024 | Sanlam Limited | South Africa | MultiChoice Group | South Africa | 639 | Acquisition of a 60% stake |
| June 2024 | Sanlam Limited | South Africa | NMS Ins. Services | South Africa | 66 | Acquisition of a 60% stake |
| April 2024 | Chedid Capital Holding | Lebanon | Groupe Ascoma | West and Central Africa | NA | Acquisition of an additional 20%, bringing its ownership stake to 100% of the capital |
| May 2023 | Al Baraka Bank | Tunisia | El Amana Takaful | Tunisia | 1.9 | Acquisition of an additional 19.15% of shares, bringing the total stake to 48.92% of the capital |
| April 2023 | Gulf Insurance Group (GIG) | Kuwait | AIG Egypt | Egypt | 6.4 | Acquisition of a 95.02% stake |
| March 2023 | Caisse Nationale de Prévoyance Sociale (CNPS) | Cameroon | Chanas Assurances Vie | Cameroon | 1.1 | Acquisition of 3 500 shares |
| December 2022 | Maghrebia Group | Tunisia | GAT Assurances | Tunisia | NA | Acquisition of a 23% stake |
| November 2022 | Marsh | United States | Beassur Marsh | Morocco | NA | Acquisition of a majority stake |
| September 2022 | Old Mutual | South Africa | Genric Ins. Company | South Africa | NA | Acquisition of 100% |
| June 2022 | NSIA | Côte d'Ivoire | Sanlam's 4 African subsidiaries | Togo, Gabon, Congo, Guinea | NA | Acquisition of life insurance entities (Togo, Gabon) and non-life insurance entities (Congo, Guinea) |
| June 2022 | Santam | South Africa | JaSure | South Africa | NA | 100 % of capital |
| March 2022 | Hollard Seguros Mozambique | Mozambique | International Commercial and Engineering (ICE) Seguros | Mozambique | NA | Acquisition of 100% of capital |
| 2021–2022 | Allianz | Germany | Jubilee Ins. Mauritius | Kenya, Uganda, Tanzania, Burundi, Mauritius | NA | Acquisition of majority stakes in non-life insurance operations |
| September 2020 | Continental Reinsurance | Nigeria | Subsidiary of Continental Re | Botswana | NA | Acquisition of 100% of capital |
| July 2020 | Chedid Capital Holding | Lebanon | Ascoma Group | West and Central Africa | NA | Acquisitionof 80% of the group |
| July 2020 | Sanlam Emerging Markets | South Africa | FBN Ins. | Nigeria | NA | Acquisition of 65% of the shares held by FNB Holdings |
| April 2020 | Momentum Short Term Ins. Namibia (MSTI Namibia) | Namibia / South Africa | Alexander Forbes Ins. Company Namibia | Namibia | 2.6 | Acquisition of 100% of the shares held by Alexander Forbes Namibia Holdings (75% of the Alexander Forbes Group) |
| February 2020 | Momentum Metropolitan Holdings | South Africa | Alexander Forbes | South Africa | 130.1 | Acquisition of the short-term insurance business |
| 2020 | SUNU Group | Côte d'Ivoire | 5 subsidiaries of Allianz | Benin, Burkina Faso, Mali, Togo | NA | Acquisitionof majority stakes |
| 2018 | SUNU Group | Côte d'Ivoire | Equity Assurance | Ghana Liberia Nigéria | NA | 74.59% for Ghana, 76.18% for Liberia, and 65.27% for Nigeria |
| September 2017 | AfricInvest Tunisie | Tunisia | Britam | Kenya | 56 | Acquisition of a 14.3% stake |
| June 2014 | Sanlam Emerging Markets | South Africa | Soras | Rwanda | 24.3 | 63% majority stake |
NA: not available
(1) Advans: microfinance institution
Source : Atlas Magazine





