Ownership

Emerald Risk Transfer is a wholly owned subsidiary of Santam Limited.

Santam’s majority shareholder, Sanlam is the largest non-banking financial services company in Africa with a market capitalisation of R184.5 billion (USD 10 billion). SanlamAllianz currently has a presence in 27 countries in Africa (excluding South Africa) as well as a selected presence in other
emerging markets.

Santam’s broad range of insurance solutions stretches into all areas of general insurance, across personal, commercial, agriculture and specialist markets offered through a network of more than 2 700 brokers and direct channels in South Africa.

Santam have been offering insurance for 106 years and throughout this time have made it a priority to understand what matters most to their clients and the risks they face. This is why over 80 of the top 100 JSE-listed companies trust Santam to safeguard their businesses.

Santam Limited South Africa - Financial Strength Ratings

Emerald is a wholly owned subsidiary of Santam Limited, South Africa’s leading insurer. Santam Limited has a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-”
(Excellent), as assigned by AM Best.

The outlook assigned to these Credit Ratings is Stable, reflecting the company’s enhanced financial stability and strong capacity to fulfil its obligations.

Santam’s A-rated paper positions us favourably as trusted risk solution partners across Africa and our targeted Middle East countries.