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Sanlam Kenya Plc (Kenya)

Main Activities: Insurance Carriers | Funds, Trusts, and Other Financial Vehicles
Full name: Sanlam Kenya Plc Profile Updated: October 28, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Sanlam Kenya Plc is a diversified financial services group located in Nairobi, Kenya. It is listed on the Nairobi Securities Exchange and offers a comprehensive range of financial solutions tailored to the specific needs of the Kenyan market. The company operates through its subsidiaries, Sanlam Life Insurance Limited and Sanlam General Insurance Limited, which enable it to meet the unique requirements of clients in the General and Life Insurance sectors. With a branch network of 15 client experience centers across major towns in Kenya, Sanlam Kenya has a market share of 6.84% in the Kenyan Life Insurance industry. It serves over 78,000 policyholders under individual life insurance and more than 235,000 policyholders under group life insurance.

Headquarters
Lr No. 209/927, Sanlam House, 1St Floor, Kenyatta Avenue, P.O. Box 44041 - 00100
Nairobi; Nairobi; Postal Code: 00100

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Website: http://www.sanlam.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1946
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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56.62%
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4.07%
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2.08%
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0.87%
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0.73%
Subsidiaries
Mae Properties Limited
100%
Sanlam Investments Limited
100%
Sanlam Life Insurance Limited (South Africa)
100%
Company Performance
Financial values in the chart are available after Sanlam Kenya Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency KES. Absolute financial data is included in the purchased report.
Net insurance premium revenue
-16.45%
Operating profit (EBIT)
-33.79%
Net Profit (Loss) for the Period
-52.6%
Total assets
-3.22%
Investments
-1.19%
Receivables
-41.1%
Total equity
-12.75%
Net Premiums Earned Trend
-6.35%
Net Profit Trend
N/A
Return on Equity (ROE)
-6.26%
Loss Ratio
11.06%
Underwriting Expenses Ratio
0.64%

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