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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