Company type | Public company |
---|---|
JSE: SNT | |
Industry | financial services |
Founded | May 1, 1918 |
Headquarters | , |
Key people | Tavaziva Madzinga (
CEO); Hennie Nel ( CFO); Nombulelo Moholi (Chairman) |
Products | Short-term insurance |
Revenue | R49.627 billion (2022) [1]: 109 |
R2.084 billion (2022) [1]: 109 | |
R33 166 million (2022) [1]: 109 | |
Total assets | R73.047 billion (2022) [1]: 108 |
Total equity | R11.598 billion (2022) [1]: 108 |
Owners | Sanlam (62.3% - 2022) |
Number of employees | 6 339 (2022) |
Website |
www |
Santam is a South African financial services group that also has business interests in Malawi, Tanzania, Uganda, Zimbabwe and Zambia. [2] Santam's head office is located in Bellville in the Western Cape, South Africa. The company is listed on the Johannesburg Stock Exchange (JSE) and is South Africa's largest short-term insurer. [3] [4] [5] [6] [7]
The Suid-Afrikaanse Nasionale Trust en Assuransie Maatskappy (South African National Trust and Assurance Company Limited) (Santam) was established on 1 May 1918. One month later the South African Life Assurance Company ( Sanlam) was established as a full subsidiary of Santam to focus on life assurance while Santam remained focused on short-term insurance. [8] Santam is a subsidiary of South African financial services group Sanlam, which holds 62.3% of Santam’s shares. [1]: 23 Santam released their annual financial results for 2022 on 2 March 2023. [9]
As on 1 March 2023, Santam's executive management consists of: [1]: 74
Below are the group's largest shareholders as at 31 December 2022: [1]: 126
Majority shareholders | 31 December 2022 (%) |
---|---|
Sanlam | 62.3 |
Public shareholders | 30.85 |
Government Employees Pension Fund | 5.14 |
Guardian National Insurance Ltd | 3.84 |
Trustees of employees’ share scheme | 1.37 |
Directors | 0.03 |