Message from the CEO

Santam 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.

Lizé Lambrechts comments about the results, and shares the key highlights and areas of importance.