Santam upped its final dividend despite a challenging 2022 that saw it pay out a record R29.8bn in gross claims due to flooding, load-shedding-related power surges, fire and crime.

SA’s largest short-term insurer raised its final dividend to 845c per share for the year to end-December, up 7% from the prior financial year. The higher payout came despite a drop of almost 27% drop in headline earnings to 1,826c per share...

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.