While rushing around to finalise all their holiday plans South Africans are warned to consider the quality of their current safety and security system and if it will be good enough to look after their houses while they are away enjoying their blissful holiday.  Santam Insurance wants to make homeowners aware of the fact that [...]

Santam, South Africa’s biggest short-term insurer, announced its intentions to extent into African countries that shows great potential for high returns. The executive head of new and external markets at Santam, Mpumi Tyikwe, said that the insurance company aims to enter the Nigerian and Ghana market in the next 18 months.

Urban centres will face growing risks from heat waves, storms, water shortages and floods as climate change intensifies. Natural disasters that have increased since 1950 are storms, floods and droughts all of which are influenced both in frequency and severity by climate change. The occurrences of other natural disasters such as volcanic eruptions and earthquakes [...]

In this year’s annual “Best Company to Work For” survey conducted by Deloitte, Santam was rated second best company to work for in South Africa. Ian Kirk, Santam’s Chief Executive, said the award confirmations Santam’s devotion to its staff and that the award is a refection of their hard work and commitment. This enables the [...]

Make sure you contact your insurer or broker when buying a new or pre-owned car to find out the cost of insurance as well as any terms regarding security devices such as alarms, immobilizers or tracking devices that may need to be installed. The head of Personal Lines Underwriting at Santam, Christelle Fourie, says that [...]

Young Entrepreneurs Performing This project focuses on the development and implementation of entrepreneurship programmes in the formal high school curriculum. The intent is to stimulate economic empowerment and job creation. This project is aligned to the government’s priority to eliminate poverty through self-employment. Santam has partnered with the National Department of Education through an initial [...]

The release of Santam’s interim results to end-June had little effect on the market, with Santam shares down 0.1% to 7 495c on low volumes. Santam’s offshore business units had a negative impact on the company last year, with an R168m after tax loss and Santam has been in the process of exiting these businesses. According to analysts once the equity cycle turns and with Santam having a very lean capital structure minus the offshore operations, the company will be able to generate some healthy returns for shareholders.