Sanlam CEO Paul Hanratty on its record results

Sanlam, a leading financial services group, has reported record earnings, showcasing a strong performance across all lines of business. Despite facing challenges such as delays in releasing results and economic uncertainties in various geographies, the company has demonstrated resilience and growth. In a recent interview with CNBC Africa, Sanlam CEO Paul Hanratty discussed the key drivers behind the record earnings and the outlook for the future. Hanratty highlighted the success of the general insurance division, new business growth, and the integration of asset management as key factors contributing to the stellar results. The company's joint venture with Sanlam Allianz has also seen significant growth, reflecting a positive trajectory for the business. While acknowledging the challenges faced in African economies due to fiscal constraints, Hanratty remains optimistic about the opportunities in India and the overall growth prospects for Sanlam. With a strong focus on efficiency and strategy, Sanlam aims to maintain its momentum and continue its growth trajectory in the coming years.