Junior John Ngulube

Santam Ltd is an insurer covering general insurance and investment operations, as well as investments in emerging market insurance companies. The Company's segments include insurance, which includes core general insurance and reinsurance underwriting activities undertaken by the Company and are analyzed by insurance class; Investment, which includes all investment-related activities undertaken by the Company, and Strategic diversification, which relate to all strategic investing activities where the purpose of the activities is to obtain certain diversification benefits. The Company's business units include Santam Commercial and Personal, which offers business portfolio, multiproduct and multichannel distribution portfolio, and independent administration capability; Santam Specialist, which focuses on the insurance of risks in various market segments; MiWay, which is a direct insurer in the group, and Santam re, which is a wholesale reinsurance service provider.