Insurance group Santam said on Wednesday that new business growth has slowed significantly, while April saw muted claims as the Covid-19 pandemic kept people in their homes.

The lockdown resulted in a muted claims environment for April 2020, mostly impacting the motor class of business, the group said in a trading update...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.