Santam

Santam is a South African financial services group that also has business interests in Malawi, Tanzania, Uganda, Zimbabwe, and Zambia.^[1] Santam's head office is located in Bellville in the Western Cape, South Africa.

Santam Limited

Santam Umbrella Logo
Company type	Public company
Traded as	JSE: SNT
Industry	Financial services
Founded	May 1, 1918 (1918-05-01)
Headquarters	Bellville, Cape Town , South Africa
Key people	Tavaziva Madzinga (CEO) Hennie Nel (CFO) Nombulelo Moholi (Chairman)
Products	Short-term insurance
Revenue	R49.627 billion (2022)
Operating income	R2.084 billion (2022)
Net income	R33 166 million (2022)
Total assets	R73.047 billion (2022)
Total equity	R11.598 billion (2022)
Owners	Sanlam: 62.3% (2022)
Number of employees	6,339 (2022)[citation needed]
Parent	Sanlam
Website	www.santam.co.za

The company is listed on the Johannesburg Stock Exchange (JSE) and is South Africa's largest short-term insurer.^{[2][3][4][5][6]}

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.^[7]

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.^[8]

Major shareholders

Below are the group's largest shareholders as at 31 December 2022.^{[citation needed]}

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