05 Dec. 2020

MMI Announces Strategic Investment into Kenya Operations to Drive Growth

Change of Service Centers set to enhance Customer Experience Nairobi, 20th January 2017 – MMI Holdings (the majority SA shareholder of Cannon Assurance Limited and Metropolitan Cannon Assurance Limited), has announced that it will be making strategic investments into its Kenya operations that will enrich the user experience of its customers and intermediaries. The company […]

05 Dec. 2020

Metropolitan, Cannon seals acquisition deal

SOUTH African financial services group MMI Holdings has acquired a controlling stake in Kenya’s Cannon Assurance, kicking off an expected series of mergers and acquisitions anticipated in the industry this year. Under the deal, MMI’s subsidiary in Kenya, Metropolitan Life, will own 66 per cent of Cannon Assurance in a merger to be known as […]

05 Dec. 2020

Metropolitan Life merges with Cannon Assurance

Metropolitan Life Kenya has merged its operations with Cannon Assurance Limited and will now be called MetropolitanCannon as they seek to increase their market share in the country. This follows a successful acquisition of 66 percent stake in Cannon Assurance by a South African company, MMI Holdings that also owns a majority stake at Metropolitan […]