Santam : main technical indicators

Santam en 2020

a turnover of 38.273 billion ZAR (2.611 billion USD),
earned premiums of 24.660 billion ZAR (1.683 billion USD), representing 7.9% of Sanlam group's total revenues,
a net result of 686 million ZAR (47 million USD), that is, 8% of the group's profits,
a workforce of 5 851 employees,
a loss ratio of 68.2%,
a combined ratio of 97.5%,
a Standard & Poors’ rating of BB (stable).

Main technical indicators of Santam: 2016-2020

Figures in billions

	2016		2017		2018		2019		2020
	ZAR	USD	ZAR	USD	ZAR	USD	ZAR	USD	ZAR	USD
Gross written premiums	25.909	1.895	29.72	2.4	33.109	2.292	35.852	2.55	38.273	2.611
Net earned premiums	19.826	1.45	21.435	1.731	22.812	1.579	24.227	1.723	24.66	1.683
Shareholder’s equity	4.536	0.332	4.83	0.39	5.818	0.403	6.479	0.461	6.354	0.434
Net result	0.814	0.06	0.851	0.069	1.196	0.083	1.217	0.087	0.686	0.047
Net loss ratio	64.90%		65.80%		60.30%		62.10%		68.20%
Net management expenses ratio	28.60%		28.10%		30.40%		30.20%		29.30%
Net combined ratio	93.50%		93.90%		90.70%		92.30%		97.50%

Santam : premiums per class of business 2016-2020

Figures in billions

	2016		2017		2018		2019		2020
	ZAR	USD	ZAR	USD	ZAR	USD	ZAR	USD	ZAR	USD
Motor	11.004	0.805	12.125	0.979	12.801	0.886	13.34	0.949	13.43	0.916
Property damage	7.972	0.583	9	0.727	10.031	0.694	10.974	0.78	11.798	0.805
Engineering	1.196	0.088	1.29	0.104	1.335	0.092	1.601	0.114	1.651	0.113
Third-party liability	1.202	0.088	1.227	0.099	1.25	0.087	1.31	0.093	1.362	0.093
Marine	0.676	0.049	0.714	0.058	0.721	0.05	0.762	0.054	0.799	0.054
Accident and health	-	-	0.435	0.035	0.535	0.037	0.585	0.042	0.641	0.044
Other risks	1.453	0.106	1.062	0.086	1.038	0.072	1.153	0.082	1.417	0.097
Total	23.503	1.719	25.853	2.088	27.711	1.918	29.725	2.114	31.098	2.122
Alternative risk	2.406	0.176	3.867	0.312	5.398	0.374	6.127	0.436	7.175	0.489
Grand total	25.909	1.895	29.72	2.4	33.109	2.292	35.852	2.55	38.273	2.611

Exchange rate as at 31/12/2020: 1 ZAR = 0.06823 USD ; 31/12/2019: 1 ZAR = 0.07112 USD ; at 31/12/2018: 1 ZAR = 0.06923 USD ; at 31/12/2017: 1 ZAR = 0.08076 USD ; at 31/12/2016: 1 ZAR = 0.07313 USD

Read also | Sanlam: clusters businesses

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