Santam’s results for the six months ended 30 June 2019 were hit by multiple catastrophe events that included the Betty’s Bay fires, hailstorms and floods in Kwazulu-Natal. “These resulted in higher catastrophe claims compared to 2018, compounded by losses incurred on the crop business due to hail damage,” says Lizé Lambrechts, Santam Group CEO. (more…)
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