Sanlam - Credit Ratings

	Investor Relations About Sanlam Financial Results Annual Results 2012 Annual Results 2011 Annual Results 2010 Annual Results 2009 Annual Results 2008 Annual Results Interim Results 2012 Interim Results 2011 Interim Results 2010 Interim Results 2009 Interim Results 2008 Interim Results Operational Update Consensus Estimates Credit Ratings Presentations News Releases Archive Annual Reports Annual Reports Archive Sanlam Life Annual Report King III checklist Sustainability Report Shareholders Diary Annual General Meeting Sanlam Shares ADR Holders Roles of the Depository bank FAQ Contact Us Economic Information Economic Commentary About Jac Laubscher Comment on an Article Economic Reports National Budget 2012 National Budget Archive National Budget 2011 National Budget 2010 National Budget 2009 National Budget 2008 Inflation History	Solvency Fitch Ratings has affirmed the following ratings of the Group in 2012 and the outlook remained stable: Sanlam Limited National Long-term: AA- (zaf) Sanlam Life Insurance Limited National Insurer Financial Strength: AA+ (zaf) National Long-term: AA (zaf) National Short-term: F1+ (zaf) Subordinated debt: A+ (zaf) Content within this section:

Solvency