Revenue by Segment

Financials in millions ZAR. Fiscal year is January - December.

Millions ZAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015
Insurance - Conventional	35.17B	32.02B	34.75B					21.56B	19.80B
Insurance - Conventional Growth	9.83%	-7.86%	-					8.88%	-
Insurance - Alternative Risk Transfer	1.73B	1.63B	7.08B					544.00M	844.00M
Insurance - Alternative Risk Transfer Growth	5.76%	-76.95%	-					-35.55%	-
Other	158.00M	8.00M	-					-	-
Other Growth	1875.00%	-	-					-	-
Insurance - Santam's Share of Sanlam General Insurance Businesses	927.00M	728.00M	631.00M					-	-
Insurance - Santam's Share of Sanlam General Insurance Businesses Growth	27.34%	15.37%	-					-	-
Unallocated ART Cells	7.80B	7.06B	-12.00M					-	-
Unallocated ART Cells Growth	10.52%	-	-					-	-
Reallocations and Other Reconciling Items	-	-	-					-2.15B	-1.63B
Unallocated Sanlam Target Shares	-927.00M	-728.00M	-1.30B					-	-
Unallocated Other Income and Expenses	364.00M	456.00M	258.00M					-	-
Unallocated Other Income and Expenses Growth	-20.18%	76.74%	-					-	-
Unallocated Reinsurance Commission	-1.24B	-1.37B	-1.22B					-	-
Unallocated Foreign Currency on Technical Reserves	-	-238.00M	-					-	-
Unallocated Investment Return	3.16B	2.22B	-					-	-
Unallocated Investment Return Growth	42.55%	-	-					-	-
Insurance - Santam's Share of SEM Businesses	-	-	-					2.25B	1.42B
Insurance - Santam's Share of SEM Businesses Growth	-	-	-					58.20%	-
Investment	-	-	749.00M					575.00M	355.00M
Investment Growth	-	-	-					61.97%	-
Unallocated Tax Recovered from Cell Owners	-	-	617.00M					-	-
Unallocated Foreign Currency on Technical Reserves and Investment Return on Insurance Funds	-	-	678.00M					-	-
Total	47.13B	41.79B	42.24B					22.78B	20.79B
Total Growth	12.79%	-1.06%	-					9.59%	2.59%

Revenue by Geography

Financials in millions ZAR. Fiscal year is January - December.

Millions ZAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015
South Africa	36.08B	32.65B	37.65B					-	-
South Africa Growth	10.50%	-13.29%	-					-	-
Rest of Africa	2.61B	2.53B	2.56B					-	-
Rest of Africa Growth	3.20%	-0.94%	-					-	-
Other International	4.36B	4.14B	286.00M					-	-
Other International Growth	5.27%	1346.85%	-					-	-
Unallocated	9.27B	7.56B	-1.03B					-	-
Unallocated Growth	22.58%	-	-					-	-
Southeast Asia, India and Middle East	-	-	3.61B					-	-
Total	52.32B	46.88B	43.08B					-	-
Total Growth	11.59%	8.82%	-					-	-

Source: S&P Global Market Intelligence.