Santam is a South African financial services group that also has business interests in Malawi, Tanzania, Uganda, Zimbabwe, and Zambia. 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.
History 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.
Santam is a subsidiary of South African financial services group Sanlam, which holds 62.3% of Santam’s shares. Santam released their annual financial results for 2022 on 2 March 2023.
Major shareholders Below are the group's largest shareholders as at 31 December 2022.
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
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