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SNT reports H1 2026 growth, profitability despite weather losses

Santam reported H1 2026 results with 10% GWP growth, an 8.1% underwriting margin and 27% return on capital, despite ZAR 1.5 billion in weather losses.

SNT

Santam reported resilient H1 2026 results, with gross written premium growth of 10% and an underwriting margin of 8.1%, alongside a 27% return on capital, despite ZAR 1.5 billion in weather losses. The company said its international and direct channels expanded, Syndicate 1918 was launched and the dividend increased by 10.2%.