Santam Ltd 2019 IR
The report outlines Santam's financial and sustainability performance for the fiscal year 2019. Despite a challenging South African economy, the group achieved a 7% growth in conventional insurance gross written premiums to R29.7 billion and a net underwriting margin of 7.7%. Santam paid R18.9 billion in gross claims, supporting clients and communities. The company maintained its Level 1 BBBEE rating and was certified as a Top Employer for the fourth consecutive year. Additionally, Santam's partial internal capital model was approved by the Prudential Authority, enhancing its capital management efficiency.
Company: Santam Ltd
Sector: Finance & insurance
Country: South Africa
Year: 2019
Type: IR
Pages: 144
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Santam Ltd
Integrated Report
The report outlines Santam's financial and sustainability performance for the fiscal year 2019. Despite a challenging South African economy, the group achieved a 7% growth in conventional insurance gross written premiums to R29.7 billion and a net underwriting margin of 7.7%. Santam paid R18.9 billion in gross claims, supporting clients and communities. The company maintained its Level 1 BBBEE rating and was certified as a Top Employer for the fourth consecutive year. Additionally, Santam's partial internal capital model was approved by the Prudential Authority, enhancing its capital management efficiency.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
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