Santam will report a big drop in interim headline earnings due to lower underwriting results and investment income, and the devastating floods in KwaZulu-Natal.
Headline earnings per share is expected to be down 43%-62% to 327c-491c for the six months to end-June, the short-term insurer said in a trading statement on Tuesday...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
What % of the claims has been settled for the floods in KZN SantamInsurance and what % of your claims for covid has been paid out to your clients