
Sanlam offers R505 a share to take Santam private
Sanlam wants to take full ownership of Santam in a deal that values minority shareholders’ exit at a 26.6% premium.

Sanlam wants to take full ownership of Santam in a deal that values minority shareholders’ exit at a 26.6% premium.

Hina Shavdia joins as COO as Santam increases Lloyd’s capacity and expects a larger loss before the business reaches break-even.

The High Court recognised the potentially serious prejudice to the applicant but found that his evidence did not meet the threshold for interim relief.

A new GoTyme-powered banking service is part of a broader strategy to build closer customer relationships, even as investment in future growth weighs on earnings.

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.

Severe storms drove a sharp increase in large claims, but improved book profitability and underwriting discipline helped keep the margin above the target midpoint.

Evolving buildings and technologies are complicating structural fires, increasing the importance of prevention, resilience, municipal capacity, and effective risk transfer.

The Court said financial inability to pay for PCR tests did not excuse continued absence or failure to follow return-to-work instructions.

The new programme pays qualifying policyholders 10% of premiums back after claim-free periods, reflecting the growing use of rewards to build customer loyalty.

Jess helps homeowners to diagnose repair problems, estimate costs, and connect with contractors, illustrating how AI is expanding beyond insurance into everyday customer services.

Growth was led by investment and life business, with a continued shift towards capital-light solutions reducing short-term new business margins.

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

The GIFT City operation, together with the Lloyd’s syndicate and Avatar acquisition, is part of the group’s move to broaden its risk base and underwriting capabilities.

Santam’s Fanus Coetzee says the real value of an intermediary is not at sale, but when a client needs clarity, reassurance, and help after a loss.

Nine weather stations have been installed across South Africa to improve early warning systems as severe weather events intensify.

The move of its Guidewire platform marks a change in how policies and claims are processed and managed.

A breakdown of the results shows how the group’s main business clusters performed as it continues repositioning for growth across South Africa, Africa, and India.