A non-banking financial services company, Sanlam Life Insurance Nigeria Limited, has expressed its commitment to unlocking hidden potential in the insurance business in 33 countries on the African continent, particularly Nigeria, to increase market penetration.
Werth said despite the harsh operating environment during the 2022 financial year ended December 31, 2022, the group recorded growth of eight per cent in its key earnings metric, with dividend growth of eight per cent, and adjusted Return on Group Equity Value of 15.1 per cent, above the business’ hurdle rate of 14.3 per cent.
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