Jubilee Holdings, the biggest insurance company in East Africa, has finalized the sale of its Kenyan subsidiary. The buyer is German Allianz which thus becomes the majority shareholder in Jubilee General Insurance Company with 66% of the stake (1.5 million shares).

For more information, please see https://www.ecofinagency.com/finance/0605-42609-jubilee-holdings-concludes-sale-of-kenyan-subsidiary