Santam Namibia adds N$675m more to group earnings – News Stand
Summary by observer24.com.na
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Santam Namibia adds N$675m more to group earnings – News Stand
Chamwe Kaira Santam Namibia contributed N$675 million to the revenue of Santam Limited in South Africa for the financial year ended 30 June 2025, up from N$600 million in 2024. The group reported conventional insurance net earned premium growth of 16% to N$17.9 billion, with a net underwriting margin of 11.3% compared to 6.5% in June 2024. The alternative risk transfer (ART) business recorded a profit before tax of N$417 million, up from N$326 m
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