Sanlam expects Santam deal to lift returns
Sanlam says buying out Santam’s minority shareholders would support earnings growth, improve capital allocation and help lift adjusted return on equity above 20% by 2030.
Santam
Is climate volatility making some risks uninsurable?
Brokers’ local knowledge and risk-prevention advice could help keep more properties and businesses insurable as weather-related losses mount.
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.
Santam strengthens Syndicate 1918 team as Lloyd’s operation scales up
Hina Shavdia joins as COO as Santam increases Lloyd’s capacity and expects a larger loss before the business reaches break-even.
Serious financial harm not enough to secure removal of SAFPS listing
The High Court recognised the potentially serious prejudice to the applicant but found that his evidence did not meet the threshold for interim relief.
Sanlam bets on banking to deepen customer ties
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 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 keeps underwriting on target despite R1.5bn claims
Severe storms drove a sharp increase in large claims, but improved book profitability and underwriting discipline helped keep the margin above the target midpoint.
Why South Africa’s changing fire risk matters to insurers
Evolving buildings and technologies are complicating structural fires, increasing the importance of prevention, resilience, municipal capacity, and effective risk transfer.
Labour Court upholds Santam dismissal in Covid policy dispute
The Court said financial inability to pay for PCR tests did not excuse continued absence or failure to follow return-to-work instructions.
Santam joins insurers rewarding claim-free customers with cashback
The new programme pays qualifying policyholders 10% of premiums back after claim-free periods, reflecting the growing use of rewards to build customer loyalty.
Kandua launches AI home maintenance companion
Jess helps homeowners to diagnose repair problems, estimate costs, and connect with contractors, illustrating how AI is expanding beyond insurance into everyday customer services.
Sanlam’s inflows surge as product-mix shift puts pressure on new business margins
Growth was led by investment and life business, with a continued shift towards capital-light solutions reducing short-term new business margins.
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.
Santam names head for new India reinsurance business
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.
Trust is an insurance broker’s ‘moat’ in the digital era
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.
Santam, SAWS partner to expand weather monitoring network
Nine weather stations have been installed across South Africa to improve early warning systems as severe weather events intensify.
