Santam Ltd - Company Profile
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Business Description
Santam Ltd (Santam) is a provider of short-term insurance products. The company provides a range of non-life insurance products to corporate, commercial, and personal markets. It has a market share of about 22% in South Africa. It operates through a network of 2,700 intermediaries and direct channels serving more than one million policyholders. It has a presence in South Africa, Nigeria, Burundi, Tanzania, Rwanda, Malawi, Zambia, Uganda, Botswana, Malaysia, and India.
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Business Segments
Overview
Offers general insurance and reinsurance underwriting products to customers. Segment is further classified into three sub-segments – Conventional, Alternative Risk, and Santam’s share of the Sanlam Emerging Markets (SEM) Business. Conventional sub-segment underwrites commercial and personal, agriculture and niche business and credit insurance through Santam Commercial and Personal, Santam Specialist, Santam re and MiWay. Alternative Risk sub-segment offers underwriting services by using insurance licenses of Centriq Insurance Ltd and SSI. Santam’s share of the Sanlam Emerging Markets Business sub-segment offers general insurance services. Also includes the business results of Saham Finances.
Performance
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Overview
Comprises all investment-related activities undertaken by the company.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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