KENYA – Financial services group UAP Holdings Limited (UAPH) has announced plans to merge its life insurance business with the life insurance business of Old Mutual Life Assurance Company Limited (OMLAC). The Group’s company secretary Nkirote Mworia Njiru through a statement said the move is part of an internal restructuring of the UAP old Mutual Group where UAP Holdings will acquire shares in Old Mutual Life Assurance Company. ” Pursuant to the proposed restructuring, UAPH will acquire shares in OMLAC through its wholly owned subsidiary UAP Life Assurance Limited and…
Read MoreKenya’s UAP Holdings and Old Mutual to merge their life assurance divisions
