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The Standard Group Plc is a
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Pan Africa Insurance Holdings Ltd (PAIHL) has announced a take-over of Gateway Insurance Company in a move widely expected to bolster its market share and strengthen its position in the general insurance business.
In a media advert yesterday the insurer, which started its underwriting business more than six decades ago, said it has entered into an agreement with Gateway insurance in a deal that is likely to end in the acquisition of a controlling stake in Gateway Insurance.
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