Sanlam sees threefold increase in profits

Noluthando Mthonti-Mlambo speaks to Sanlam Group CFO, Abigail Mukhuba about the company's results. The group’s measure of underlying earnings performance, net results from financial services, increased by 26%. The general insurance line of business increased by 38%, life insurance by 28% and credit and structuring by 36%. The investment management operations increased by 2% and would be 9% higher when excluding the earnings from disposed UK businesses in the 2022 base. The group’s key earnings metric, cash net results from financial services, increased by 30%.See omnystudio.com/listener for privacy information.