Santam – South Africa’s largest short-term insurer – has reported solid operational results for the six-month period ended 30 June 2019, in an environment characterised by tough trading conditions for short-term insurers. The group achieved Gross Written Premium (GWP) growth of 8% on its conventional insurance book and a net underwriting margin of 5.3% (2018: 8.4%), comfortably within the group’s 4%-to-8% target range.
Santam, South Africa’s largest short-term insurer, has partnered with Lesley-Ann Brandt, Hollywood-based, South African-born actress for the creation of a new television commercial for the insurance company.
Criminal syndicates are looking to exploit clients and intermediaries into transferring funds into their accounts by leveraging Santam’s brand and reputation.
April is here and all over South Africa, locals are planning on taking advantage of the lovely holiday weekends coming up. With the anticipated surge in bookings and visitors to your establishment, it is important to ensure that your property and staff follow best practices to be properly indemnified against potential liability claims.
El Nino is still present but may change to neutral in coming winter months and summer of 2019/20. Probable late start to summer rain again. More favourable for Winter Rainfall Regions in next months.
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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