The competition council approved a number of structural obligations that Sanlam Allianz Africa had proposed to react to the competitive concerns that were raised in the decision of Council 2023. Sanlam Maroc and Allianz Morocco of Sanlam Limited and Allianz, which deals with their common unit Sanlam Allianz Africa (the decision of the Labor Council, which is ruled in the Insurance Act Codex No. 17-99.
This approval was accompanied by a number of behavioral and structural obligations that aimed at a press release.
With this decision of the council, the body accepted a number of structural obligations that Sanlam Allianz Africa had proposed in January 2025. As a result, the Council approved the lifting of the hold. According to Sanlam Morocco, “This decision of the Council forms or in no way implies a merger (which is still subject to internal permits and the approval of the acaps).