Sanlam Limited · JSE:SLM

Sanlam — Investor Presentation (November 2020)

19 slides from Sanlam's investor presentation, Nov 4, 2020

  1. Slide 1: COVID-19 and Beyond: Group Risk Trends and Expectations

    COVID-19 AND BEYOND: GROUP RISK TRENDS AND EXPECTATIONS Neil Cilliers 4 November 2020 Insurance | Financial Planning | Retirement | Investments | Wealth

  2. Slide 2: Agenda

    AGENDA AGENDA Sanlam Group Risk trends COVID-19 and mental health Questions

  3. Slide 3: Sanlam Group Risk Trends

    SANLAM GROUP RISK TRENDS

  4. Slide 4: National statistics

    SANLAM GROUP RISK TRENDS National statistics https://www.samrc.ac.za/sites/default/files/files/2020-10-29/weekly20October2020.pdf

  5. Slide 5: National statistics

    SANLAM GROUP RISK TRENDS National statistics https://www.samrc.ac.za/sites/default/files/files/2020-08-26/weekly18August2020.pdf

  6. Slide 6: Weekly deaths (by date of death)

    ACTUAL EXPERIENCE SGR statistics Weekly deaths (by date of death) Big initial surge – followed by smaller, second surge

  7. Slide 7: COVID as a proportion of all claims

    ACTUAL EXPERIENCE COVID as a proportion of all claims The surge in overall claims was more than can be explained by just the confirmed COVID-19 claims

  8. Slide 8: Excess deaths?

    ACTUAL EXPERIENCE Excess deaths? Impossible to catch all COVID-19 claims, or even define them properly: Testing isn’t comprehensive – not all positives are caught Secondary deaths, not because of COVID-19 disease, but rather because of lockdown i.e. hunger, people being afraid to go to doctors and h

  9. Slide 9: Accidental deaths

    ACTUAL EXPERIENCE Accidental deaths https://www.samrc.ac.za/reports/report-weekly-deaths-south-africa

  10. Slide 10: Accidental deaths

    ACTUAL EXPERIENCE Accidental deaths Big decrease during lockdown, increased in September again

  11. Slide 11: Definite bump in average age of claims

    ACTUAL EXPERIENCE Definite bump in average age of claims There has been an increase in the average age of claimants in 2020. Average age of COVID-19 claim is 52.75, vs 49.56 for all mortality claims

  12. Slide 12: COVID-19 and Mental Health

    COVID-19 AND MENTAL HEALTH

  13. Slide 13: WHO guidelines

    COVID-19 AND MENTAL HEALTH WHO guidelines COVID-19 has impacted mental health in many ways Anxiety and stress from perceived danger Social distancing and lockdown Death of family and friends WHO released policy guidance in March 2020 specifically around mental health Things like: Dealing with stress

  14. Slide 14: Shortage of support

    COVID-19 AND MENTAL HEALTH Shortage of support Mental illness is a huge issue during the pandemic, for essential workers on the front-line of the pandemic, and also for the population as a whole An analysis by Lancet shows that 89% of countries reported that mental health support was part of their C

  15. Slide 15: Disability and mental health

    COVID-19 AND MENTAL HEALTH Disability and mental health Mental health claims have declined as a proportion of all disability claims in last 5 years

  16. Slide 16: Suicides

    COVID-19 AND MENTAL HEALTH Suicides Actually seen a decrease in suicide claims during lockdown Counter to what we would expect, and we do expect this number to increase Caveat is that cause of claim data for deaths is not always accurate – and suicides are very often not reported as suicides

  17. Slide 17: What's coming?

    COVID-19 AND MENTAL HEALTH What’s coming? Impossible to predict the extent of the increase in mental health claims going forward – but it is clear that this will indeed increase. Sanlam claims assessors are undergoing specific training to deal with mental health claims, in order to prepare them for

  18. Slide 18: Thank you

    thank you®

  19. Slide 19: Wealthsmiths

    © Sanlam Wealthsmiths”

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