
Santam’s GWP up 10% as international business surges by 25%
For the six months to June, Santam reports net income growth of 19%, with a underwriting margin of 11.3% – well above its target range.

For the six months to June, Santam reports net income growth of 19%, with a underwriting margin of 11.3% – well above its target range.

Nearly all business units report strong growth in new business volumes.

Santam will ramp up efforts to tackle increased weather- and fire-related risks by implementing measures such as adjusting premiums and setting stricter risk limits.