real insurance company of malawi type public traded as mse real industry financial services founded 1959 headquarters blantyre malawi key people grant mwenechanya ceo thomas kanyuka chairman benson wairegi director products insurance parent britam website homepage real insurance company of malawi limited commonly referred to as real insurance is an insurance company based in blantyre malawi . 1 contents 1 overview 2 history 3 ownership 4 britam 5 governance 6 see also 7 references 8 external links overview edit real insurance is the only listed insurance company on the malawi stock exchange 2 and offers a wide range of insurance products to both corporate and individual clients through its branch network across malawi . 1 real insurance is the oldest insurance company in malawi . 1 history edit real insurance company of malawi started operating in 1959 as royal insurance company of malawi as a branch of uk based royal insurance . following the merger of royal insurance and sun alliance in 1996 3 the business became part of the rsa insurance group . in 2000 the rsa insurance group decided to reorganize its africa business . this reorganization led to incorporation of the subsidiary and transfer of its ownership to kenyan based real insurance company of kenya limited . 29 september 2008 real insurance company of malawi s shares started trading on the mse after a successful ipo that was over subscribed by 300 % . 2 the company became a member of the british american investments company in 2014 after the successful acquisition of its parent company through a deal that was valued at approximately us 16 million . 4 ownership edit the shares of the stock of real insurance are traded on the malawi stock exchange under the symbol real . the shareholding in the company s stock is as follows real insurance company of malawi stock ownership rank name of owner percentage ownership 1 real insurance company of kenya 65 2 other shareholders 35 total 100.00 britam edit main article british american investments company real insurance company of malawi limited is a member of the british american investments company britam group an east african financial services group with headquarters in nairobi kenya and listed on the nairobi securities exchange . britam has operational subsidiaries in seven africa countries with investments ranging from insurance real estate asset management and banking . 5 governance edit real insurance is governed by a six person board of directors with thomas o. b. kanyuka as the chairman and grant mwenechanya as the ceo . 6 see also edit british american investments company malawi stock exchange references edit a b c real insurance company of malawi about us . real insurance company of malawi . retrieved 2015 05 12 . a b helema innocent 11 august 2014 . britam & real complete deal . the nation malawi . retrieved 30 november 2014 . case no iv m. 759 sun alliance royal insurance regulations eec no 4064 89 merger procedure pdf . european commission . 1996 06 18 . retrieved 2015 05 15 . britam . 24 january 2014 . britam shareholders circular of 24 january 2014 pages 26 & 27 pdf . british american investments company britam . retrieved 30 november 2014 . britam . 24 january 2014 . britam shareholders circular of 24 january 2014 pdf . british american investments company britam . retrieved 30 november 2014 . real insurance company of malawi board of directors . real insurance company of malawi . retrieved 2015 05 15 . external links edit british american investments company homepage real insurance company of malawi homepage malawi stock exchange retrieved from https en.wikipedia.org w index.php title real insurance company of malawi & oldid 702123500 categories insuranceinsurance companies1959 establishments in nyasalandcompanies established in 1959companies listed on malawi stock exchangecompanies of malawihidden categories engvarb from may 2015use dmy dates from may 2015 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 28 january 2016 at 16 12 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view