Santam sees big drop in headline earnings due to KZN floods

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Sverige Nyheter Nyheter

Insurer expects Heps to fall up to 62% after lower underwriting results, lower investment income and flood claims

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.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

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

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker