Sanlam Ltd 2020 IR
The report details Sanlam's performance and strategic progress during the 2020 financial year, which was heavily impacted by the COVID-19 pandemic. Despite these challenges, the company demonstrated resilience, maintaining a solid Group solvency cover ratio of 191% and achieving a 25% increase in new business volumes to R311 billion. Sanlam, in partnership with Ubuntu-Botho and others, pledged R1 billion in relief aid in response to the pandemic. Additionally, the company advanced its transformation agenda by establishing the largest black-owned asset management company in South Africa through a transaction with African Rainbow Capital Financial Services.
Company: Sanlam Ltd
Sector: Finance & insurance
Country: South Africa
Year: 2020
Type: IR
Pages: 184
Sanlam Ltd
The report details Sanlam's performance and strategic progress during the 2020 financial year, which was heavily impacted by the COVID-19 pandemic. Despite these challenges, the company demonstrated resilience, maintaining a solid Group solvency cover ratio of 191% and achieving a 25% increase in new business volumes to R311 billion. Sanlam, in partnership with Ubuntu-Botho and others, pledged R1 billion in relief aid in response to the pandemic. Additionally, the company advanced its transformation agenda by establishing the largest black-owned asset management company in South Africa through a transaction with African Rainbow Capital Financial Services.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
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 in Management
Employees