Sanlam Group at a glance

Scope of business
Contribution to net Group operating results 
Contribution to Group new business volumes 
The Retail cluster includes Sanlam Personal Finance, Sanlam Developing Markets and Sanlam UK.
> Sanlam Personal Finance is a major provider of a wide range of individual life insurance and personal financial services and solutions, including estate planning and trusts, health management, personal loans, linked products, money transfer, debit card, savings facilities and financial services in South Africa and Namibia. 
> Sanlam Developing Markets provides affordable financial services solutions primarily to the entry-level market in South Africa and to the wider financial services segments in other developing markets in which Sanlam operates (seven other African countries as well as India). 
> Sanlam UK provides life, specialist pension, investment management and financial advice services in the United Kingdom market. 
R1 979 million R38 288 million
The Institutional cluster includes the sub-clusters of Asset Management, Wealth Management, Sanlam Investments Capital Management, Employee Benefits, International Investments and Investment Services.
> The cluster provides individual and institutional clients access to a comprehensive range of specialised investment and risk management expertise. Areas of expertise include local and international asset management, private equity, hedge funds, financial engineering, employee benefits and property investments. 
> Apart from in South Africa, the cluster offers these solutions and services in the Rest of Africa, India, Australia, Europe and the USA. 
R861 million R53 571 million
The Short-term Insurance cluster is comprised of a 57% shareholding in Santam (which acquired MiWay from Sanlam in 2010) and a 26% stake in Shriram General Insurance in India.
> The cluster focuses on the corporate, commercial and personal markets through broker networks and, through MiWay, on short-term insurance through a direct sales channel. Santam has related business interests elsewhere in Africa. 
R575 million R13 667 million
The corporate head office is responsible for the Group's centralised functions, which include strategic direction, financial and risk management, group marketing and group communications, group human resources and information technology, group sustainability management, corporate social investment and general group services.
(R112) million