South Africa:Santam posts solid 1H2026 profit growth despite weather CAT losses

By MEIR team | 07 Sep 2026

Source: Santam

South Africa Nat CAT Property & Casualty Financial Performance

Santam, South Africa's largest general insurer, has recorded a solid performance for the half year ended 30 June 2026, with growth of 10% (June 2025: 10%) in Gross Written Premium (GWP), an 8.1% (June 2025: 11.3%) Underwriting Margin (UWM) and a 6% (June 2025: 16%) rise in Net Earned Premium (NEP).

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