Article · Wikipedia archive · Last revised Jun 15, 2026

Santam

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.

Last revised
Jun 15, 2026
Read time
≈ 1 min
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337 w
Citations
8
Source
Wikipedia ↗
Santam Limited
Company type
Public company
JSE: SNT
IndustryFinancial services
FoundedMay 1, 1918 (1918-05-01)
Headquarters
Bellville, Western Cape
,
South Africa
Key people
Tavaziva Madzinga (CEO)
Hennie Nel (CFO)
Nombulelo Moholi (Chairman)
ProductsShort-term insurance
RevenueIncrease R49.627 billion (2022)
Decrease R2.084 billion (2022)
Increase R33 166 million (2022)
Total assetsIncrease R73.047 billion (2022)
Total equityDecrease R11.598 billion (2022)
OwnersSanlam: 62.3% (2022)
Number of employees
6,339 (2022)
ParentSanlam
Websitewww.santam.co.za

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.

The company is listed on the Johannesburg Stock Exchange (JSE) and is South Africa's largest short-term insurer.23456

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.

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
References

References

  1. "Santam, Sanlam satisfy customers most". Fin24. 3 April 2013. Retrieved 5 September 2014.
  2. "Santam Limited JSE Share Price in Fin24". Fin24. Retrieved 5 September 2014.
  3. Mzwandile Jacks (12 August 2014). "Santam Profit Explosion Boosted By Improved Investments". Ventures Africa. Retrieved 5 September 2014.
  4. Sapa (27 August 2014). "Insurers won't pay for quake damages". The New Age Online. Retrieved 5 September 2014.
  5. "Santam Ranks 10th in the South African Top Employer 2023". Santam. 20 March 2023.
  6. "Santam delivers strong gross written premium growth and resilient net insurance results". Santam. 20 March 2023.
  7. "Short-term Insurance in South Africa". Business Day. 20 March 2023.
  8. "Santam Annual Financial Report" (PDF). Santam.
External links