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
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
Insurance - Conventional		32.02B	34.75B					21.56B	19.80B
Insurance - Conventional Growth		-7.86%	-					8.88%	-
Insurance - Alternative Risk Transfer		1.63B	7.08B					544.00M	844.00M
Insurance - Alternative Risk Transfer Growth		-76.95%	-					-35.55%	-
Other		8.00M	-					-	-
Insurance - Santam's Share of Sanlam General Insurance Businesses		728.00M	631.00M					-	-
Insurance - Santam's Share of Sanlam General Insurance Businesses Growth		15.37%	-					-	-
Unallocated ART Cells		7.06B	-12.00M					-	-
Reallocations and Other Reconciling Items		-	-					-2.15B	-1.63B
Unallocated Sanlam Target Shares		-728.00M	-1.30B					-	-
Unallocated Other Income and Expenses		456.00M	258.00M					-	-
Unallocated Other Income and Expenses Growth		76.74%	-					-	-
Unallocated Reinsurance Commission		-1.37B	-1.22B					-	-
Unallocated Foreign Currency on Technical Reserves		-238.00M	-					-	-
Unallocated Investment Return		2.22B	-					-	-
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		41.79B	42.24B					22.78B	20.79B
Total Growth		-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
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
South Africa		32.65B	37.65B
South Africa Growth		-13.29%	-
Rest of Africa		2.53B	2.56B
Rest of Africa Growth		-0.94%	-
Other International		4.14B	286.00M
Other International Growth		1346.85%	-
Unallocated		7.56B	-1.03B
Southeast Asia, India and Middle East		-	3.61B
Total		46.88B	43.08B
Total Growth		8.82%	-

Source: S&P Global Market Intelligence.