Sanlam News
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South Africa Insurer Santam Plans Asia Expansion, Following Success of Parent Sanlam
Aug 30 2024 // South Africa-based general insurer Santam Ltd. plans to expand in Asia to diversify its premiums and counter tepid growth at home. The insurer, a subsidiary of financial services group Sanlam Ltd., generates 82% of its...
South African Premiums to Rise as Insurers Face Growing Flood, Fire Risks: Sanlam
Sep 8 2022 // South Africans could soon be paying as much as 5% more on their premiums as insurers face growing risks both globally and locally. The country is now considered “very risky” due to mounting flood and fire...
Insurers Sanlam and Allianz Explore Options for Their African Businesses
Dec 22 2021 // JOHANNESBURG – African insurer Sanlam Ltd. said on Wednesday it was exploring “strategic alternatives” with Germany’s Allianz SE for their respective African businesses, excluding Sanlam’s home...
Insurer Sanlam Braces for More Virus Waves in South Africa
Mar 12 2021 // South Africa may still be short of the halfway mark of the pandemic even after two distinct waves of the coronavirus swept through the country over the past year. “We are basically planning for two-and-a-half more...
Top African Insurer Sanlam Refocuses on Home Market After 2018 Acquisition Misfires
Oct 23 2020 // Paul Hanratty, the new chief executive officer of Sanlam Ltd., is refocusing on the South African insurer’s home market and plugging holes from its largest-ever acquisition to squeeze higher returns out of its...
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