Built Different: Fedhealth and Sanlam are redefining medical aid in South Africa

SPONSORED CONTENT: Fedhealth and Sanlam's "Built Different" scheme is here, with their lowest weighted average contribution increase in years: just 9.6%. The plan focuses on affordability and enhanced benefits, plus an exclusive 30% discount on Sanlam Gap Cover.

#Fedhealth #Sanlam #HealthcareSA

Krutham is the research partner for the Sanlam ESG Barometer: B20 Policy Impact Special Edition.

In her commentary, Nicole Martens highlights trust as the foundation of an effective B20.

Read the report: www.krutham.com/projects/sanlam-esg-barometer/

#sanlam #BusinessDay

Krutham is the research partner for the Sanlam ESG Barometer: B20 Policy Impact Special Edition.

In her commentary, Krutham’s Fezeka Thwala calls for deeper engagement with workers across all forms of employment.

Read the report: www.krutham.com/projects/sanlam-esg-barometer/

#sanlam #BusinessDay

Sanlam cuts stake in SanlamAllianz to 51% Chamwe Kaira Sanlam Group has reduced its shareholding in SanlamAllianz to 51% following the sale of Sanlam Life Namibia and the acquisition of an additional stake by Allianz Europe BV. According to the group’s half-year results for the period ending 30 June 2025, Allianz acquired 8.59% of SanlamAllianz on 7 April 2025, leaving Sanlam with 51% and Allianz with 49%.  Sanlam Life Namibia was sold to SanlamAllianz with effect from 1 July 2024. Before the transaction, Sanlam owned 100%, but afterward its effective ownership in Sanlam Life Namibia dropped to 59.59%. The group said the first half of the year was marked by global trade and political tensions, policy divergence and shifting investor sentiment.  New tariffs introduced in April during the “Liberation Day” period triggered a sharp sell-off in global equities. Markets recovered strongly in the following weeks as tariff escalation paused.  US markets ended the half year with moderate gains, while Europe and Asia outperformed. Sanlam said it maintained a disciplined approach to capturing upside in key regions while managing risk in a volatile policy environment.  The group reported strong performance driven by solid execution, strategic positioning, and cost and claims management. The balance sheet improved with stronger cash generation and prudent capital allocation. The net result from financial services rose 14% to N8.1 billion, supported by contributions from general insurance, life insurance, and credit and structuring. Net operational earnings increased 15% to R9.3 billion. New business volumes grew 7% to N$218 billion. Life insurance net value of new business fell 18%, reflecting the Namibia disposal, the end of the Capitec co-operation agreement, and weaker sales of life annuities. On a normalised basis, the decline was 3%. Net client cash flows more than doubled to N48.5 billion, with strong inflows from South African investment management, retail platforms, and insurance operations. Group equity value per share stood at N84.12, and return on group equity value reached 8.9% (18.2% annualised), above the hurdle rate. In June, Sanlam Namibia rebranded to SanlamAllianz Namibia following the strategic alliance between Sanlam and Allianz.  The company said the transition will bring growth, value creation, and world-class financial services. Caption Sanlam Namibia rebranded to SanlamAllianz Namibia in June.  * Photo: SanlamAllianz

#Sanlam #SanlamAllianz #Investments #FinanceNews #StockMarket

Sanlam, Tyme Bank form joint venture Sanlam has announced that Sanlam Life, Sanlam Personal Loans Proprietary Limited (SPL) and Tyme Bank Limited have entered into agreements which will result in the establishment of a joint venture focused on unsecured personal loans with an embedded credit life offering. The establishment of the joint venture will be subject to the fulfilment of certain suspensive conditions. SPL provides unsecured personal loans of between R5000 and R300000 to qualifying individuals on repayment terms of 12 months to six years at a fixed interest rate. The SPL loan book size was R5 billion as at 31 December 2024. Tyme Bank is a registered bank that is involved in financial services and provides personal and business banking services and unsecured personal loans in South Africa. Tyme Bank is a fully digital bank which does not have any physical branches and instead relies on a banking application, an internet banking site and a national network of self-service kiosks that facilitate the account opening process.  Tyme Bank currently operates over 800 self-service kiosks, which equates to 15,000 retail points across the country, and has 11 million retail and business customers since launch.  Tyme Bank is controlled by Tyme Bank Holdings Limited, which is ultimately controlled by Ubuntu-Botho Investments Proprietary Limited, Sanlam’s strategic empowerment partner. The key components of the proposed credit transaction entail the establishment by SPL of a new registered credit provider operating company for originating and administering personal loans to customers. The existing SPL loan generation business, excluding its retail credit loan book, will be sold to the operating company in exchange for the issue of shares; the acquisition by Tyme Bank of 50% of the shares in JVCo from SPL for R31.5 million; and the sale by SPL of 50% of its retail credit loan book as at the completion of the proposed credit transaction to Tyme Bank. The price for the SPL loan book shall be approximately R400 million plus the capital value thereof, and Tyme Bank shall share 50% of the credit life insurance results relating to the joint venture’s loan book.  SPL shall issue a reference share to Tyme Bank on the terms set out in a subscription agreement, which will target 50% of the credit life profits. The subscription price payable by Tyme Bank to SPL for the reference share shall be approximately R320 million. In September 2024, Sanlam Life acquired a 25% interest in African Rainbow Capital Financial Services Holdings Proprietary Limited.  ARC FSH holds an effective 46.0% in Tyme Bank and is the company through which UBI indirectly holds its financial services interests of UBI.  The proposed credit transaction is a natural strategic collaboration with Tyme Bank to enhance competition and to assist both Sanlam and Tyme Bank in providing holistic and integrated product offerings to their customers. – Johannesburg Stock Exchange

#Sanlam #TymeBank #PersonalLoans #JointVenture #FinancialServices

Sanlam invests N$17.7m in Rewards to Support Namibians Since its launch in 2022, Sanlam EXTRA the client rewards programme, has grown into more than just a rewards programme. It has become a symbol of dignity, reliability, and real-world impact for thousands of Namibians. Built into Sanlam’s Prestige Funeral Cover, Sanlam EXTRA Rewards is designed to reward loyalty and provide practical support when it is needed most. To date, Sanlam has distributed over N$17.7 million in rewards to clients across Namibia. These rewards have come in the form of 499 315 vouchers, averaging around 30 000 vouchers each month. In March alone, the programme issued 32,168 vouchers, valued at N$962 810. Sanlam EXTRA enables clients to redeem vouchers for essential and everyday services, including: * Groceries * Airtime and data * School uniforms and stationery * Pharmaceuticals * Home appliances from HomeCorp * Meals from Hungry Lion * Solar products for energy needs “We’re incredibly proud to celebrate over N$17 million in rewards. But what we’re really celebrating is the difference that these rewards make to people’s lives. These benefits are more than just numbers. They represent a child returning to school with a full set of supplies. They help fill a grocery basket in lean months. They provide airtime for emergencies and access to medication when it’s needed most,” says Irvin Möller, General Manager: entry level market. Sanlam EXTRA is rooted in Sanlam’s commitment to improving the everyday lives of its clients by offering more than traditional funeral cover. Sanlam remains committed to empowering current and future generations of Namibians to be financially confident, secure, and prosperous. Through meaningful initiatives like Sanlam EXTRA, the company continues to invest in the well-being of its clients and communities; every day, in every corner of the country. With Sanlam EXTRA, clients are not just covered. They are cared for, supported, and rewarded. The post Sanlam invests N$17.7m in Rewards to Support Namibians appeared first on The Namibian.

#Sanlam #Namibia #RewardsProgram #FinancialSupport #CommunityImpact

Sanlam invests 17.7 million in Rewards to Support Namibians Since its launch in 2022, Sanlam EXTRA the client rewards programme, has grown into more than just a rewards programme. It has become a symbol of dignity, reliability, and real-world impact for thousands of Namibians. Built into Sanlam’s Prestige Funeral Cover, Sanlam EXTRA Rewards is designed to reward loyalty and

#Sanlam #Namibia #ClientRewards #LoyaltyProgram #FuneralCover

Sanlam and Fedhealth enter partnership to offer affordable healthcare to South Africans Sanlam has announced an agreement to partner with Fedhealth as their single open medical scheme provider. This move supports the group’s strategy to provide a complete health offering to existing and potential clients as part of its overall financial services value proposition.

SPONSORED CONTENT: A healthier future starts here ! 🩺 Sanlam and Fedhealth are joining forces to make private healthcare more affordable and accessible for South Africans.

#Sanlam #Fedhealth #AffordableHealthcare

Are you investing with purpose or just playing it safe? The smartest investments start with purpose. Discover how aligning your finances with your goals can create endless opportunities.

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Lots of companies have outperformed Berkshire Hathaway over the past 20 years, but not many insurance companies. How did #Sanlam do?

My #visibleHand col this am

businesslive.co.za/bd/opinion/col…