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London +44 (0) 203 995 1361

Emerald Risk Transfer is a wholly owned subsidiary of Santam Limited. Santam is the leading general insurer in South Africa with a market share of more than 22%.  They provide a diverse range of general insurance products and services in Africa and internationally through their network of 2 700 intermediaries and direct channels.  They serve more than 1 million policy holders who range from individuals to commercial and specialist business owners and institutions.

Today, Sanlam is the largest Insurance Group in Africa with an extensive product offering catering for all market segments.  The Group has consistently grown its local as well as an international footprint.

Sanlam Emerging Markets (SEM) is responsible for Sanlam's financial business services (life assurance, general insurance, banking, credit, health, bancassurance and asset management) in emerging markets outside of South Africa.  Through its partnerships with the Shriram Group (India), MCIS Insurance Berhad, Pacific & Orient Insurance, and the SAHAM Group, SEM has a firm group presence in Inida, Malaysia, Philippines, Africa and the Middle East.  There is also a wide footprint in the UK/Ireland, USA, Switzerland and Australia.

Emerald’s A rated security
In addition to Santam’s International Standard & Poors rating, Emerald is able to offer A rated security through a binding authority from New Reinsurance Company Ltd (NewRe), whereby Emerald may use their international Standard & Poors AA- credit rating to write inwards reinsurance business. NewRe is registered in Zurich, Switzerland and is a wholly owned subsidiary of Münchner Rückversicherungs-Gesellschaft (Munich Re).

Santam Financial
Strength Ratings

Sanlam owns a 57% share of Santam Limited

Standard & Poors: BB+ (Stable)
National Scale Rating: zaAAA
Global Credit Ratings: AAA (ZA) (Stable)
National Scale Rating: AA- (ZA) (Stable)
International Scale Claims Paying Ability: BB+ (Stable)

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