Broker channel stands out in strong underwriting year
The country’s largest short-term insurer reported impressive results for the year ending 31 December 2025, leading with a 6.4% increase in gross written premium (GWP) from its conventional insurance businesses, to R44 billion. Santam’s net underwriting margin ended significantly higher too, up from 7.6% in 2024 to 11.3% on the back of a favourable attritional loss experience.