Santam Ltd 2014 IR
The report outlines Santam's financial and sustainability performance for the fiscal year ended December 31, 2014. The company achieved a gross written premium growth of 10% and a net underwriting margin of 8.7%, significantly above its long-term target. Key highlights include a substantial turnaround in the crop insurance business and the expansion of the Business-Adopt-a-Municipality (BAAM) disaster risk management initiative to 10 district municipalities. Additionally, Santam maintained its Level 2 BBBEE status as part of the Sanlam group and invested R83 million in skills development, with 78% targeted at black employees.
Company: Santam Ltd
Sector: Finance & insurance
Country: South Africa
Year: 2014
Type: IR
Pages: 116
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Santam Ltd
Integrated Report
The report outlines Santam's financial and sustainability performance for the fiscal year ended December 31, 2014. The company achieved a gross written premium growth of 10% and a net underwriting margin of 8.7%, significantly above its long-term target. Key highlights include a substantial turnaround in the crop insurance business and the expansion of the Business-Adopt-a-Municipality (BAAM) disaster risk management initiative to 10 district municipalities. Additionally, Santam maintained its Level 2 BBBEE status as part of the Sanlam group and invested R83 million in skills development, with 78% targeted at black employees.
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Document Details
Report Year
2014
Reporting Period
Jan 1, 2014 - Dec 31, 2014
Fiscal Year
2014
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees