Santam HY26 basic earnings per share rise 7% to 2,006 cents; insurance revenue increases 2% to R 27.96 billion

• Santam first-half headline earnings per share rose 7% to 2,006 cents; basic earnings per share also climbed 7% to 2,006 cents.
• Group insurance revenue increased 2% to R 27.96 billion; conventional insurance net earned premium grew 6% to R 18.9 billion.
• Conventional insurance net underwriting margin narrowed 3.2 percentage points to 8.1%, hit by weather-related catastrophe and other large losses of R 1.5 billion.
• Alternative risk transfer profit before tax rose 12% to R 466 million; annualized return on shareholders’ funds eased to 27.0%.
• Interim dividend increased 10% to 650 cents per share; international expansion accelerated with the London syndicate launch and an India GIFT City office.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Santam Limited published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S602646), on September 03, 2026, and is solely responsible for the information contained therein.