SA’s largest short-term insurer Santam said on Tuesday severe flooding in the Western Cape and further losses from property fire claims weighed on its underwriting performance in the nine months to end-September.

Torrential rains over the Heritage Day long weekend damaged physical infrastructure in parts of the province, resulting in the flurry of claims from a broad spectrum of policyholders...

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.