Operational Update: The Conventional Insurance business achieved gross written premium growth of 7%. Santam’s gross exposure to the KZN floods is R3.2 billion, but this is reduced to approximately R500 million as a result of its reinsurance program.
Operational Update: The Conventional Insurance business achieved gross written premium growth of 7%. Santam’s gross exposure to the KZN floods is R3.2 billion, but this is reduced to approximately R500 million as a result of its reinsurance program.