Sanlam General Insurance Nigeria Limited has announced its financial results for the year 2023. Last year, the results were very impressive according to the company.

Sanlam General Insurance Nigeria Limited, a subsidiary of Sanlam Life Insurance Nigeria, obtained a gross underwritten premium of 16.1 billion naira and benefits paid totaling 3.9 billion naira. This represents a notable increase of 41% and 26% respectively over the previous year, reflecting the company's growth and commitment to customer satisfaction

Aussi, le Sanlam's pre-tax profit jumped by 134%, from 1.8 billion naira in 2022 to 4.4 billion naira in 2023, while its total assets grew by 42%, from 16.1 billion naira to 22.8 billion naira during the period under review, highlighting the solid financial position of the company and its ability to meet its obligations.