Sanlam Ltd 2018 IR
The report highlights Sanlam's centenary year in 2018, marked by two major transactions: the acquisition of the remaining 53% stake in Saham Finances for R13 billion, making it the largest insurer in Africa, and a R10 billion BBBEE transaction to enhance its empowerment status to Level 1. Despite challenging economic conditions in South Africa, the company achieved a Return on Group Equity Value (RoGEV) per share of 11.6% (adjusted RoGEV of 19.4%) and increased its dividend per share by 7.6% to 312 cents. Operationally, Sanlam Sky's new business volumes grew by 71% due to a successful partnership with Capitec, and Santam delivered a strong underwriting margin of 9.2%.
Company: Sanlam Ltd
Sector: Finance & insurance
Country: South Africa
Year: 2018
Type: IR
Pages: 252
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Sanlam Ltd
Integrated Report
The report highlights Sanlam's centenary year in 2018, marked by two major transactions: the acquisition of the remaining 53% stake in Saham Finances for R13 billion, making it the largest insurer in Africa, and a R10 billion BBBEE transaction to enhance its empowerment status to Level 1. Despite challenging economic conditions in South Africa, the company achieved a Return on Group Equity Value (RoGEV) per share of 11.6% (adjusted RoGEV of 19.4%) and increased its dividend per share by 7.6% to 312 cents. Operationally, Sanlam Sky's new business volumes grew by 71% due to a successful partnership with Capitec, and Santam delivered a strong underwriting margin of 9.2%.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees