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Tough underwriting pays off for insurer

Tough underwriting pays off for insurer

12 September 2024

The latest half-year numbers published by South Africa’s largest non-life insurer, Santam Limited, suggest that all is well on the domestic risk transfer front, but the 35% lift in headline earnings per share masks a significant shift in exposure from insurer to insured. More on this observation in a moment; first let us unpack the insurer’s interim financial statements for the six-months to end-June 2024.

Santam announces its new brand repositioning as it ushers in a new era

Santam announces its new brand repositioning as it ushers in a new era

03 September 2024
Santam records improved performance in first half of 2024

Santam records improved performance in first half of 2024

29 August 2024
Santam acquires Kandua, leading tech startup

Santam acquires Kandua, leading tech startup

27 May 2024

Santam, South Africa’s largest short-term insurer, has wholly acquired Kandua, a leading online marketplace company for home services. Kandua will merge with Santam’s existing home service offering, Home+, forming a wholly owned, independent subsidiary of the insurer.

quick poll
Question

If you had to choose one approach to protect your hard-earned investment cash from today’s market madness, which would it be?

Answer
Super profit weighted by soft underwriting margin

Super profit weighted by soft underwriting margin

11 March 2024
Santam records resilient performance for 2023 financial year

Santam records resilient performance for 2023 financial year

29 February 2024
Santam rated one of SA’s Top 10 employers

Santam rated one of SA’s Top 10 employers

30 January 2024
South Africa’s shifting risk landscape

South Africa’s shifting risk landscape

07 December 2023
Finessing your underwriting margin back to health

Finessing your underwriting margin back to health

14 September 2023
Santam owned JaSure rebrands to Santam switch

Santam owned JaSure rebrands to Santam switch

02 August 2023
Santam joins South African fraud prevention service to combat rising insurance crime

Santam joins South African fraud prevention service to combat rising insurance crime

17 July 2023
Santam Acquires MTN South Africa Device Insurance Book

Santam Acquires MTN South Africa Device Insurance Book

15 March 2023
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