SA’s largest short-term insurer, Santam, has advised shareholders that half-year profit is expected to leap by as much as 45% when it reports its interim financial results at the end of the month.

On Tuesday Santam said it expected headline earnings per share (HEPS), a main measure of profit in SA, of 1,462c-1,695c in its interim period to end-June, from 1,170c in the previous comparable period...

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