Sanlam, Backed By Patrice Motsepe, Posts 654 Million Profit In H1 2025

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sanlam backed by patrice motsepe posts 654 million profit in h1 2025

Sanlam, Africas largest insurer and partly owned by South African billionaire Patrice Motsepe, delivered a solid first-half performance in 2025, with profit climbing to 654 million. The gains were driven by steady contributions from life insurance, general insurance, and investment management.

Regional performance paints a mixed picture

The companys report shows profit rising 6.9 percent to R11.64 billion 654.1 million, up from R10.89 billion 612 million a year earlier. The performance, however, varied across regions. Life insurance revenue grew 3.7 percent to R21.84 billion 1.23 billion, anchored by stable demand in its South African base.

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