Monrovia – A Franco-phone African Insurance Group, SUNU has bought substantial equity (67 per cent) of Equity Assurance Company Liberia Ltd. The acquisition has given the SUNU Group presence in the Liberian market. Steven S. Kolubah, Board chairman of Equity Assurance, who disclosed to newsmen in Monrovia, said the partnership with SUNU will bring with it keen competition in the market and engender growth. According to him, “the new investment is in line with the vision of Equity Assurance, that is, to be a leading Africa insurance group. “This arrangement brings about market presence in Africa and Equity Assurance now belongs to a major insurance conglomerate in the continent.

Source: Front Page Africa January 29, 2018 01:52 UTC