SAHAM Finances acquires 40% Equity Stake in Unitrust Insurance

The Insurance industry in Nigeria seems to be in a phase that will possibly position her in the global market. SAHAM Finances S. A., the insurance arm of the SAHAM Group, has acquired a 40 percent equity stake in Unitrust Insurance Company Limited.

According to Managing Director of SAHAM Finances, Raymond Farhat;

“Nigeria is a very big potential market. It represents an important stage in our regional expansion strategy. Our desire is to combine the expertise of SAHAM Finances and those of our local partners to become a major stakeholder and bring the services offered up to international standards.”