South Africa’s 108 year-old insurer is changing in front of everyone’s eyes
- Sanlam, South Africa's 108-year-old insurer, is indeed changing its operations by expanding further outside the country.
- Sanlam's diversified insurance and wealth service offerings are distributed across three key regions: South Africa, pan-Africa, and Asia, with a presence in 25 other countries across Africa and a long-standing partnership with India's Shriram Group.
- Sanlam aims to achieve real earnings growth and dividend growth of 6% and 4% per annum by 2030, respectively, and more than double its earnings across its pan-African operations, with its share price trading at a 12% upside to its intrinsic value.
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