
Santam’s Lloyd’s bet faces R550m loss as revenue lags costs
Santam’s new Lloyd’s syndicate is expected to post a loss of up to R550m in 2026, even as group earnings and international premium growth remain strong.

Santam’s new Lloyd’s syndicate is expected to post a loss of up to R550m in 2026, even as group earnings and international premium growth remain strong.

Private firefighting networks, connected smoke detectors, and faster emergency response are giving insurers new ways to limit losses before flames engulf a home.

South Africa’s leading short-term insurer is set to underwrite international property, marine, cyber, and more from January 2026.

As rental demand surges, advisers can help clients navigate the insurance complexities of furnished, semi-furnished, and short-term lets.