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Santam RE Financials

The breakdown of the Santam Re financial report according to the corresponding categories can ve be viewed below
Gross written premium
  ZAR USD
  2019 2020 2021 2022 2023 2020 2021 2022 2023    
Total 2,348,950,000.00 3,049,350,641.67 4,032,464,249.82 4,304,456,721.61 4,239,759,000.00 185,504,982.53 272,758,597.57 262,930,859.71 229,766,666.75    
SA 695,621,685.85 894,069,915.82 1,217,481,786.90 1,220,791,034.97 1,094,325,999.88 54,390,079.60 82,351,287.99 74,570,069.37 59,305,172.14    
Int 1,653,328,314.15 2,155,280,725.85 2,814,982,462.92 3,083,665,686.64 3,145,433,000.12 131,114,902.93 190,407,309.58 188,360,790.33 170,461,494.61    
Gross underwriting result before management expense
  ZAR USD
  2019 2020 2021 2022 2023 2019 2020 2021 2022 2023
Total -170,874,000.00 94,869,330.60 -50,257,412.28 -242,512,453.92 -285,397,247.67 -11,869,286.96 5,771,305.30 -3,399,445.21 -14,813,485.68 -15,466,627.77
SA -92,485,685.86 130,742,135.43 -290,151,288.55 -160,254,735.83 173,242,250.99 -6,424,260.83 7,953,600.75 -19,626,028.56 -9,788,904.43 9,388,574.81
Int -78,388,314.14 -35,872,804.83 239,893,876.27 -82,257,718.09 -458,639,499.67 -5,445,026.13 -2,182,295.45 16,226,583.35 -5,024,581.25 -24,855,202.64
Combined ratio
  ZAR USD
  2019 2020 2021 2022 2023 2019 2020 2021 2022 2023
Total 2% 3,0% -3,0% -3.0% -11% 2% 3,0% -3,0% -3.% -11%
SA 8% 5,0% -19% 4,7.% 8% 8% 5,0% -19,0% 4,7% 8%
Int -0.14% 1,0% 4,0% -7,0% -18% -0,41% 1,0% 4,0% -7,0% -18%
Margin
  ZAR USD
  2019 2020 2021 2022 2023 2019 2020 2021 2022 2023
Total 2% 3,0% -3,0% -3.0% -11% 2% 3,0% -3,0% -3.% -11%
SA 8% 5,0% -19% 4,7.% 8% 8% 5,0% -19,0% 4,7% 8%
Int -0.14% 1,0% 4,0% -7,0% -18% -0,41% 1,0% 4,0% -7,0% -18%

Numbers compiled from segment analysis for December 2021.
Exchange rate: 14.78362
Average for 2021

Santam Financial Results

A further breakdown of the Santam yearly financial of results can be found here.

Reports and financial results

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