Santam reported solid operational results for 2019, despite the country’s low economic growth and a year-on-year increase in catastrophes and crop damage. Santam CEO Lizé Lambrechts comments, and shares the key highlights and areas of importance.
Santam is committed to supporting South African innovation that can save lives and protect our healthcare providers against COVID-19.
Santam has reported a significant increase in daily vehicle related claims for the month of May so far, although still below a normal month’s expected claims.
Santam has warned that, with remote work and work from home taking off as the new norm, companies need to be extra vigilant to ensure they are not vulnerable to disastrous data breaches or other cyber security incidents.
Above average rainfall conditions in the last part of summer and autumn assisted in favourable summer crop production conditions in the central to western parts of the summer cropping area.
It turns out geyser-related issues cause some of the country’s most common household insurance claims, this is according to Santam – South Africa’s leading short-term insurer
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