In Kenya, Jubilee Holdings Ltd (JHL) and Allianz (German insurance company) have put entry into the Ethiopian market on the radar after the conclusion of their sale deal relating to general insurance business. The two firms say the partnership gives them the synergies to jointly explore new markets, with discussions ongoing for the Ethiopian market. According to JHL Chairman, Nizar Juma, the partnership creates capacity to introduce new and quality insurance products targeting low income people to boost insurance penetration in the region. "We together have the possibility of expanding into other new markets. Jubilee had already declared interest in going to Ethiopia and I think it makes sense for us to go together with Allianz," said Mr Juma.