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Investor Relations 2020 Interim financial statements
Message from the CEO
“The Santam group operated effectively in the face of unprecedented global uncertainty. Our balance sheet held up well during this period of excessive market volatility. Targeted interventions were introduced to contain operational costs and the group’s capital, liquidity and funding positions remain robust.” Lizé Lambrechts,
Indicators for the six months ended 30 June 2020:
- 7% growth in group gross written premium
- 4% growth in Conventional insurance gross written premium
- Net underwriting margin of 4.3% (2019: 5.3%) for conventional insurance
- Net Operating Results of R830 million (2019: R963 million)
- Return on capital of 11.6%
- Cash generated from operations increased to R3.9 billion
- No interim dividend declared
What’s new?
Share price
Key dates
- 3 September 2020: Interim Financial Results 2020
- 3 September 2020: Interim Analyst Presentation 2020
Contact information
Investor relations
Hennie Nel
Chief Financial Officer
Tel: 021 915 7599
Gloria Tapon Njamo
Head: Investor Relations
Tel: 021 915 8228
E-mail: Gloria.TaponNjamo@santam.co.za
E-mail: investor.relations@santam.co.za
Company secretary
Masood Allie
Tel: 021 915 7554
E-mail: masood.allie@santam.co.za
Investor news
Santam extends contingent business interruption claims settlement process to all commercial policies
25 January 2021
Santam announced today that it will settle valid claims for all commercial policies with contingent business interruption (CBI) extensions in addition to those covered by its Hospitality & Leisure division.
Santam commences assessment process for settlement of business interruption claims impacted by recent judgments
4 January 2021
Santam announced today that it will commence the process for assessing claims for policies with contingent business interruption (CBI) extensions.
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