It’s all systems go for Sanlam and Allianz’s pan-African joint venture
The merger of their African operations will create an insurance giant with a combined group equity value of about R35bn.
Sanlam
Sanlam initiates unwinding of B-BBEE transaction amid market volatility and share concerns
Sanlam to consider alternatives ‘in the best interest of stakeholders’ to implement the orderly unwinding of SU BEE Funding in the lead-up to the funding repayment date.
Life insurers’ claim statistics reflect SA’s high murder rate
Claim statistics for 2022 paint a startling picture of the health and safety troubles facing the country’s youth.
Automated payment is not a defence to pension interest claims
The fund said the automated payment of the spouse’s 50% interest was already in process, and the payment could not be stopped.
Sanlam net results hit record high in 2022
But new business volumes from life insurance operations fall 10%.
Glacier by Sanlam on track to becoming SA’s largest LISP
Its asset base is expected to grow even further after the integration of Absa’s LISP business.
Thursday briefing: a round-up of recent financial services news
SA unit trust returns | Flood claims | Santam profits warning | Insuretech raises $17m | Sanlam-AfroCentric deal | Business account fees.
Sanlam has a plan for SMME employers who want to provide retirement and risk benefits
The minimum contribution depends on whether a member opts for a retirement benefit only or retirement and insured benefits.
BrightRock squashes rumours about ‘hidden reason’ for Sanlam buy-out
BrightRock paid out over a billion rand in claims in 2022, which was more than the total claims paid in its first seven years in the market.
South Africans aren’t receiving proper financial advice when they need it most
Survey finds most wish they had treated money as a growth asset when they were younger.
BrightRock will remain a separate division after Sanlam acquires full ownership
Also, the group’s fiduciary business will be sold to Capital Legacy Solutions, in which Sanlam will have a have a 26% stake.
Moonstone Group extends condolences to the family of Ainsley Moos
The chairperson of Stellenbosch University’s council was also a director on Moonstone’s board.
Sanlam pays tribute to ‘titan’ Desmond Smith
It says Smith played a key role in laying the foundation for the financial services group as it currently exists.
Sanlam should be bound to the higher benefit value, RA fund member tells Adjudicator
Discrepancy between the figures on his benefit statement and those on Sanlam’s website.
How Sanlam has fared over the past 10 months
Tough claims environment weighs on short-term insurance business
Sanlam and MTN’s financial services alliance gets the nod
The partnership will be implemented through MTN’s insure-tech platform, aYo Holdings.
Sanlam seeks controlling stake in AfroCentric
Sanlam announced this week that it has submitted a letter to the board of AfroCentric Investment Corporation Limited (AfroCentric), expressing Sanlam’s intention to acquire AfroCentric shares that would result in Sanlam acquiring a […]
