Edition:
United Kingdom

Santam Ltd (SNTJ.J)

SNTJ.J on Johannesburg Stock Exchange

30,922.80ZAc
12 Nov 2018
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-442.20 (-1.41%)
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Latest Key Developments (Source: Significant Developments)

Santam Says All Conditions Relating To Saham Finances Deal Fulfilled
Thursday, 11 Oct 2018 

Oct 11 (Reuters) - Santam Ltd ::UPDATE IN RELATION TO ACQUISITION OF A FURTHER INTEREST IN SAHAM FINANCES.ALL OF CONDITIONS PRECEDENT RELATING TO SAHAM FINANCES TRANSACTION NOW FULFILLED.  Full Article

Santam ‍Acquires Remaining 53.37 Pct Stake in Saham Finances S.A For $1.05 Bln
Thursday, 8 Mar 2018 

March 8 (Reuters) - Santam Ltd ::‍ACQUISITION OF INTEREST IN SAHAM FINANCES VIA INDIRECT ACQUISITION OF REMAINING 53.37% SHAREHOLDING NOT OWNED BY SANLAM EMERGING MARKETS IRELAND.DEAL ‍TOTAL CONSIDERATION PAYABLE IN TERMS OF TRANSACTION IS US$1,050 MILLION​.WILL FUND CONSIDERATION BY USING A COMBINATION OF AVAILABLE DISCRETIONARY CAPITAL, DEBT FACILITIES AND ISSUANCE OF EQUITY INSTRUMENTS​.  Full Article

Santam Says FY HEPS Up 31 Pct​
Thursday, 1 Mar 2018 

March 1 (Reuters) - Santam Ltd ::‍FINAL DIVIDEND OF 616 CENTS PER SHARE, UP 8%​.‍FY HEADLINE EARNINGS PER SHARE INCREASED 31%​.‍FY HEADLINE EARNINGS PER SHARE FROM 1 086 CPS IN 2016 TO 1 425 CPS IN 2017.FY ‍NET WRITTEN PREMIUM 21.69 BLN RAND VS 19.77 BLN RAND​​.  Full Article

Santam ‍Expects FY HEPS To Be Between 1 401 Cps And 1 455 Cps​
Wednesday, 21 Feb 2018 

Feb 21 (Reuters) - Santam Ltd ::‍EXPECTS HEADLINE EARNINGS PER SHARE (HEPS) FOR YEAR ENDED 31 DECEMBER 2017 TO BE BETWEEN 1 401 CPS AND 1 455 CPS​.SANTAM -NET UNDERWRITING MARGIN IS EXPECTED TO BE CLOSE TO MIDPOINT OF LONG-TERM TARGET RANGE OF 4% TO 8% OF NET EARNED PREMIUMS FOR YEAR ENDED 31 DEC 2017​.EXPECTS FY ‍EARNINGS PER SHARE TO BE BETWEEN 1 485 CPS AND 1 540 CPS.  Full Article

Santam Ltd Says ‍Yaganthrie Ramiah Has Resigned From Board
Friday, 5 Jan 2018 

Jan 5 (Reuters) - Santam Ltd ::‍YAGANTHRIE RAMIAH HAS RESIGNED FROM BOARD WITH EFFECT FROM 5 JANUARY 2018​.  Full Article

Santam says ‍HY headline earnings per share decreased by 6 pct​
Thursday, 31 Aug 2017 

Aug 31 (Reuters) - Santam Ltd :‍HY HEADLINE EARNINGS PER SHARE DECREASED BY 6%​.‍HY GROSS WRITTEN PREMIUM GROWTH OF 14%​.‍HY CONVENTIONAL INSURANCE GROSS WRITTEN PREMIUM GROWTH 12%​.‍INTERIM DIVIDEND OF 336 CENTS PER SHARE, UP 8%​.‍TRADING CONDITIONS REMAIN VERY COMPETITIVE IN A LOW-GROWTH ECONOMIC ENVIRONMENT​.  Full Article

Santan says net underwriting margin for 4 months to April within target range
Wednesday, 31 May 2017 

May 31 (Reuters) - Santam Ltd ::For four month period ended 30 April 2017, achieved 'acceptable' underwriting results in a tough economic climate and a deteriorating claims environment.For four month period ended 30 April 2017, growth in gross written premium was satisfactory given impact of competitive market conditions and low economic growth.For four month period ended 30 April 2017, group achieved a net underwriting margin within target range of 4 pct to 8 pct, but below midpoint.Operational performance of Saham finances remained in line with business plan.  Full Article

Santam says Tantaswa Nyoka and Monwabisi Fandeso has resigned from board
Friday, 3 Mar 2017 

Santam Ltd :Tantaswa Nyoka (nee fubu) and Monwabisi Fandeso resigned from board with effect from 2 march 2017..  Full Article

Santam full-year HEPS falls 41 pct
Thursday, 2 Mar 2017 

Santam Ltd : Audited summary consolidated financial statements for the year ended Dec. 31, 2016 . FY headline earnings per share decreased by 41 pct . FY capital coverage ratio 155 pct . FY gross written premium growth including cell captive insurance 7 pct to 25.909 bln rand and excluding cell captive insurance up 6 pct . FY diluted headline earnings per share 1,075 cents versus 1,822 cents year ago .Final dividend of 570 cents per share, up 8 pct.  Full Article

Santam raises stake in Shriram General Insurance by 23 pct
Wednesday, 7 Dec 2016 

Santam Ltd : Increased participation interest in Shriram General Insurance in India . SEM has increased its stake in Shriram General Insurance Company Limited ("SGI") by 23 pct . Transaction increases Santam's participation interest in SGI from 7.0 pct to 15.1 pct . Purchase consideration was funded from cash resources and transaction became effective on Dec. 5 2016 .Increased investment in SGI through subscription for a further share of a separate class in SEM for a consideration of 251.35 mln rand.  Full Article

South African insurer Sanlam seals $1 billion deal for Morocco's SAHAM

JOHANNESBURG South Africa's biggest insurer Sanlam has sealed a $1.1 billion deal to acquire the remaining 53.37 percent stake in Moroccan insurance firm SAHAM Finances after receiving regulatory approvals, it said on Thursday.