Santam says earnings were dented by a swathe of catastrophes
29 August 2019 - 11:43
Santam says half-year earnings were dented by a plethora of catastrophes in the first half of 2019, which resulted in higher claims than the prior year.
“The first six months of 2019 were characterised by a number of significant catastrophe events, including fires in the Betty’s Bay area in January, hail damage in Newcastle in March, and the storm and flood damage in KwaZulu-Natal during April,” the insurer said...
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