
Flood and fire claims dent Santam’s underwriting performance
The insurer anticipates additional claims from the recent storms in the Western Cape, although the full impact is not yet clear.

The insurer anticipates additional claims from the recent storms in the Western Cape, although the full impact is not yet clear.

The group is keeping its discretionary capital well above target amid concerns over potential tariff-driven inflation, supply-chain shocks, and credit defaults.

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