santam | Sustainability Performance
Insurance company providing general insurance products across multiple sectors.
1918
South Africa
5,001 - 10,000 employees
Insurance
$1B - 10B in revenue
$100M - 500M in profitability
Sustainability Ranking & Industry Benchmark
#9598
Overall#60
in South Africa#167
in InsuranceSustainability Maturity
Sustainability Intent
Overview
Controversy level
- Santam Limited, South African major shortterm insurer (Sanlam Group), has faced sustained South African Prudential Authority enforcement scrutiny including the historic 20202022 sustained COVID19 business interruption insurance class actions involving multiple South African policyholder court rulings, plus periodic class actions over alleged inadequate disclosure of South African catastrophe reinsurance affecting institutional shareholders.
