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GAZETTE NOTICE NO. 10580
GAZETTE NOTICE NO. 10580
THE INSURANCE ACT
(Cap. 487)
APPROVAL
NOTICE is hereby given pursuant to sections 114 and 118 of the
Insurance Act (Cap. 487) of the intention of Sanlam General Insurance
Limited, a private limited liability company incorporated under the
laws of the Republic of Kenya with Reg. No. C. 24129 and whose
address for the purposes hereof is Sanlam Tower, off Waiyaki Way,
P.O. Box P.O. BOX 60656-00200, Nairobi, Kenya in the Republic of
Kenya (the Vendor) and Jubilee Allianz General Insurance (K)
Limited, a private limited liability company incorporated under the
laws of the Republic of Kenya with Reg. No. PVT-8LUYEXV and
whose address for the purposes hereof is Sanlam Tower, Off Waiyaki
Way, P.O. Box 66257-00800 Nairobi, Kenya (the Purchaser) to apply
to the Insurance Regulatory Authority (the Authority) for its approval,
pursuant to
Section 113 of the Insurance Act (Cap. 487), to the transfer by the
Vendor to the Purchaser with effect from 31st December, 2023, of all
those insurance policies issued by the Vendor in relation to its general
insurance business of all classes, and for the Purchaser to accept those
insurance policies issued by the Vendor in relation to its general
insurance business and amalgamate the same with the Purchaser's
general business (the Portfolio Transfer).
Copies of a statement setting out particulars of the Portfolio
Transfer and a copy of the draft business transfer agreement relating to
the Portfolio Transfer, are available for inspection at the following
locations for a period of not less than thirty (30) days from the date of
publication of this Notice.
(a) Sanlam General Insurance Limited head Office located at 12th
Floor, Sanlam Tower, off Waiyaki Way, Westlands, Nairobi, P.
O. Box 60656-00200, Nairobi; Kenya.
(b) Sanlam General Insurance Limited website at
https://sanlam.co.ke
(c) Jubilee Allianz General Insurance (K) Limited's website at
https://iubilee-allianz.com
(d) Branches:
• Nairobi: Sanlam General Insurance, Sanlam House, 2nd
Floor Kenyatta Avenue
• Thika: Sanlam General Insurance, Thika Arcade 1st Floor
Kenyatta Street
• Nakuru: Sanlam General Insurance, Posta Tower, 2nd
Floor Moi Road
• Mombasa: Sanlam General Insurance, Sanlam House,
Ground Floor Off Mikindani Road
• Kisumu: Jubilee Allianz General Insurance (K) Limited,
Jubilee House, Ground Floor, Ang'awa street.
(e) The offices of the Insurance Regulatory Authority located at
Zep-Re Place, 2nd Floor, Upper Hill, Nairobi, Kenya; and
(f) The Insurance Regulatory Authority's website at
https://www.ira.go.ke;
(g) The Legal Advisers Anjarwalla and Khanna LLP located at:
ALN House, Eldama Ravine Close, Off Eldama Ravine Road,
Westlands.
In connection with the Portfolio Transfer, Sanlam General
Insurance Limited and Jubilee Allianz General Insurance (K) Limited
will ensure that all personal data is handled in accordance with the
Data Protection Act, (Cap. 41 IC) and all applicable data protection
laws and regulations, and appropriate safeguards will be implemented
to protect the rights and privacy of data subjects.
Any person (including an employee, director, shareholder or policy
holder) who has reasonable grounds for believing that he/she/it will be
adversely affected by the carrying out of the Portfolio Transfer is
invited to, within thirty (30) days of the publication of this Notice,
write to the Authority through email: commins@ira.qo.ke or make oral
representations through Toll Free number 0800724499, stating the
grounds on which he/she/it believes he/she/it will be adversely
affected by the carrying out of the
1st August, 2025 THE KENYA GAZETTE
Portfolio Transfer.
Dated the 1st August, 2025.
GEORGE KURIA
Principal Officer
Sanlam General Insurance Limited
SYLVESTER NZIOKA,
Principal Officer,
Jubilee Allianz General Insurance (K) Limited.
Legal Adviser
ANJARWALLA & KHANNA LLP
SYLVESTER NZIOKA,
MR/7837404
Dated the 1st August, 2025.
GEORGE KURIA,
Extracted Entities (2)
company_registration
PVT-8LUYEXV
previous_gazette_ref
10580
Details
- Act / Legislation
- THE INSURANCE ACT
- Reference
- Cap. 487
- Section
- section 113
- Signed By
- GEORGE KURIA
- Date Signed
- 1st August 2025
- Page
- 58
- Extraction Method
- regex
Source Gazette
Vol. CXXVII No. 165
Published 11th February 2025