Sanlam boss says insurer is insulated from global risks

Financial services group Sanlam is confident about its ability to withstand current global geopolitical risks, group CEO Paul Hanratty says. This is as SA’s largest insurer reported a 15% increase in new business volumes in its life insurance business. 

Sanlam reported in its operational update for the quarter to end-March that group net client cash inflows improved by 14% to R8.8bn, while net operational earnings benefited from improved investment return, registering a 15% growth…