For the year ended December 31, the country's biggest life insurer posted headline earnings per share, a measure of corporate profit in South Africa, of 7.02 rand, up from 4.73 rand.
(Reporting by Nqobile Dludla; editing by Jason Neely)
South Africa's Sanlam reports 48% rise in annual profit
March 07, 2024 at 05:23 am EST
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JOHANNESBURG (Reuters) - South African insurer Sanlam Ltd on Thursday reported a 48% jump in full-year profit helped by better market returns on investment of premiums and growth in new business volumes.
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