We preserve manage and grow your wealth

We are a purpose-led organisation, with all our efforts centred on helping our clients live with confidence. We promote financial inclusion, transformation and empowerment through our broad product and financial advice offering, inclusive culture and partnership approach. We have a proven track record of delivering superior value to clients, employees, shareholders and broader society.

Our strategy

WHO WE ARE

Sanlam is a leading financial services group delivering long-term growth through its operations in high-potential emerging markets. With a history spanning over a century, we are driven by our purpose to empower generations to be financially confident, secure and prosperous.

Our purpose

Delivering value to our shareholders

Net result from financial services (NRFFS):

R14,1 billion(1) (2023: R12,4 billion) R15,4 billion including the one-off reinsurance recapture fee

Return on group equity value (RoGEV) per share:

20,3% (2023: 16,7%) above hurdle of 15,6%

Return on equity (RoE)(1):

19,8% (2023: 15,8%) 21,3% including the reinsurance recapture fee

(1) Excluding one-off reinsurance recapture fee.

Leveraging our scale advantage

Diversified emerging markets footprint across 31 countries in Africa and Asia

Over R1,4 trillion assets under management with R803 billion in sustainable assets under management

Largest insurer in Africa, present in eight of the top 10 largest economies in Africa

Growing presence in India, one of the fastest growing economies in the world

Creating shared value for our stakeholders

Over 92 million lives touched across Africa and Asia

106+ years of service to clients

AA MSCI ESG index rating

Certified top employer for nine years consecutively in South Africa, with 125 163 employees worldwide

Well-experienced board with diversified skillset:

Female directors 33%

Black directors 61%

WHAT WE DO

Our solutions, delivered through our clusters, create a unique ecosystem that enables us to serve our clients’ financial services needs over their lifetimes.

Our manifesto

Life insurance

Ensuring our clients and their families are looked after through our broad life insurance product range, from simple funeral cover to more complex death and disability cover, as well as long-term savings and retirement solutions.

General insurance

Protecting our clients’ assets through our general insurance products, covering valuable individual possessions to large corporate needs.

Asset and wealth management

Enabling long-term wealth creation and protection through our savings and investment solutions, as well as asset and wealth management products.

Corporate benefits

Our corporate products allow employers to offer a range of benefits and support to their employees, enabling a more attractive employee value proposition.

Retail credit

Our retail credit offering assists clients in bridging any gaps in financial needs, which, in South Africa, we couple with our unique credit advice offering.

Healthcare

Our healthcare offering ensures our clients are able to protect their most important asset, their health and ability to earn income.

Wills and estates

Our wills and estates offerings secure and insure our client’s legacy.

Financial planning and advice

We have a strong, core offering built around our wellestablished financial planning and advice capabilities.

Loyalty and rewards

Our loyalty and rewards offerings give significant value to our clients and help improve client retention.

Line of business

Clusters

Our values inform our culture, defining the behaviours needed to fulfil our purpose and achieve our strategy.

Where we are

BUILDING SCALE WHERE IT MATTERS

With a presence in 31 countries, we are focused on high-potential emerging markets in Africa and Asia that have attractive structural drivers for long-term growth, accelerated financial inclusion and shared value creation.

Read more about our gloabl operations
  • Other
  • Asia
  • SanlamAllianz
  • South Africa

HOW WE SERVE OUR CLIENTS

Our business clusters deliver tailored, holistic, client-centric financial solutions to individuals, businesses and institutions.

Group office supports the Group Chief Executive Officer and clusters, mainly providing strategic direction and co-ordination, encouraging collaboration and identifying synergies, performance monitoring, reporting and assurance, allocating capital, and rendering centralised support services to businesses across the group.

Sanlam Life and Savings
Sanlam Investment Group
Santam
Pan-Africa
Asia

Strategy

Our strategy is underpinned by our purpose and we have an opportunity to use it as a base for inclusive wealth creation and growth opportunities in Africa, India and beyond.

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History

Founded in 1918, Sanlam has a rich heritage. The Group has over the years evolved from a traditional insurer to a diversified financial service provider with both local and international footprints.

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Leadership

Ethical leadership is paramount and an integral part of the Board’s approach to corporate governance practices. It forms the basis for clients’ and key stakeholders’ trust in the Group.

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SUSTAINABILITY

A purpose-led sustainability strategy

We have a purpose-led sustainability strategy that aims to empower generations to be financially confident, secure, and prosperous by making ourselves accessible, promoting financial education, financial inclusion and providing superior financial advice to protect and grow wealth.

Our sustainability strategy is underpinned by the following six key pillars.

1. Financial strength, resilience and consistent performance

Maintain a robust financial position to withstand economic uncertainties and market fluctuations, ensuring the long-term security of our clients' investments and insurance coverage. We continuously enhance risk management practices to identify and address sustainability-related risks and opportunities.

2. Trust and reputation

Uphold the highest ethical standards, transparency, and integrity in all our operations. We foster trust through responsive and fair customer service, supported by effective grievance mechanisms.

3. Financial inclusion

Strive for accessible and inclusive insurance and investment products and services that cater to a broad range of customers, regardless of their income level or socio-economic status. We develop innovative and affordable financial solutions to bridge the insurance and investment gap, especially in underserved communities, while we collaborate with regulators and local organisations to ensure fair access to financial services for all.

4. Investing for good in people and planet

Adhere to responsible and sustainable investing principles, aligning with international sustainability standards and guidelines. We integrate ESG principles in our investment portfolios to promote environmentally friendly and socially responsible practices. We support initiatives and investments that address global challenges, such as climate change, poverty alleviation and healthcare access.

5. Partnerships for impact

Collaborate with social impact not-for-profit organisations, government agencies, and other stakeholders to maximise the positive impact of our sustainability efforts. We create strategic alliances with like-minded organisations to pool resources and expertise for larger-scale sustainability initiatives. We support and participate in multi-stakeholder initiatives that advance sustainable development goals.

6. Thought leadership

Act as a thought leader in the financial industry by sharing knowledge, research, and best practices related to sustainable investment and insurance that promote financial inclusion. We engage in public discourse and advocacy for sustainability issues that align with our core values and business objectives. We encourage innovation and research within our organisation to drive sustainability forward.


Sustainability highlights

Sustainable business of the year

Sanlam was recognised as the Sustainable Business of the Year in the 2024 Oliver Top Empowerment awards

Sanlam’s blue economy strategy

Advanced Sanlam’s blue economy strategy to reinforce our commitment to environmental stewardship and position ourselves as a leader in Africa’s blue economy.

Education

493 326 learners were reached through the Sanlam Foundation’s Education programmes.

Investing in a sustainable future

R1,3 billion contributed to renewable energy, water, oceans and sanitation through Climate Fund Managers since 2017.

Empowerment

R24,5 billion invested in Empowerment financing


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