The Santam Commercial and Personal intermediated business reported negative growth for the period.
It follows lower new business acquisition and the premium support provided to ease financial pressure on policyholders. The company provided total premium relief of R310-million to motor policyholders because of reduced travelling during the lockdown.And, despite the tough economic environment, the insurer benefited from more people getting car insurance.
One of its subsidiaries, MiWay achieved growth of seven-percent despite R40-million of premium relief provided to policyholders.
The Covid-19 pandemic could be stopped but greed, power and profits take precedence over saving lives. Scientists and doctors are scavenging for research funding and hence the fervent support for vaccines without long term data on side effects...
THOKACEDRIC Good
I invested R5000 with Wilhelmdenni by using my LUNO app and I make R25000 with just few steps Wilhelmdenni an account manager who can help you trade better
I was told that every achievement begins with the decision to try, ignorance destroys so many opportunities. I'm a victim but I was convinced by the right person markdonaldAmel
They've also taken a big reputation hit, following their fight against paying out on legit claims. Not exactly a confidence, image or brand builder.
Damn 😕
Hectic