Company News & Results / Santam

Risky Business: What the Changing Nature of Risk Means for Your Business

It has often been said that change is the only constant, and nothing has made that more apparent than COVID-19.

Santam donates R100 000 towards fighting locust plagues

Santam, South Africa’s largest general insurer, donated R100 000 to the Agri SA Disaster Relief Foundation to mobilise aerial assistance in the Northern Cape to control large-scale locust outbreaks.

Santam pays record claims of R24.5 billion

Is your brokerage charging as hard as this insurer?

The latest trading statement issued by South Africa’s largest non-life insurer suggests ‘business as usual’ during the second year of the coronavirus pandemic; but there could be more hiding in the brief update than meets the eye. In a JSE SENS announcement issued recently, the insurer updated shareholders on the expected range of earnings and headline earnings per share for the year to 31 December 2021. It said that headline earnings per share (HEPS) would come in at almost three times what the business achieved for 2020. Shareholders will have to wait until early March for the official results, but this update will be quite close to the mark.