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Sanlam attributes its strong growth to its offerings

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Sanlam reported that its new business volumes achieved R356 billion for the first time in 2021. Sanlam Investment Group brought R171.8 billion in new business in 2021 and when including investments from Sanlam Life and Savings, 68% of the insurer’s new business came from its investment operations. The 28% increase in Life Insurance operations’ new business volumes was also achieved without the contribution of its joint venture with MTN, which the insurer announced in August 2021.