• Accoutable government

    Mandi Smallhorne says government should be taken to court for its wasteful expenditure.

  • Inside Labour

    Terry Bell explores the connection between poultry, poverty and desperation.

  • A new ANC sweeper?

    Have the Guptas' new auditors mastered how to look the other way on cue, asks Solly Moeng.

All data is delayed
Loading...
See More

GCR affirms rating on Santam

Nov 26 2012 15:02
I-Net Bridge
Johannesburg - Credit Ratings (GCR) has affirmed the claims paying ability of Santam at AAA (ZA)‚ with a stable rating outlook.

“The rating is supported by Santam’s formidable competitive position and is underpinned by its very strong franchise value‚ superior diversification and market expertise‚ and an extensive distribution network within SA”.

“At an industry level‚ successful growth strategies have been demonstrated by players able to navigate both traditional markets and product types‚ while supplementing a commoditised portfolio with alternative and specialised products via effective‚ modern distribution channels‚” the ratings agency said.

“Santam has multifaceted operations‚ enabling the insurer to compete effectively in diversified market spaces. In light of this position‚ Santam is viewed as well placed to attract high quality business‚ while retaining key portfolios‚ and capturing new blocks of revenue‚” said GCR.
credit ratings  |  santam

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

SMALL BUSINESS

Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

The drop in inflation:

Previous results · Suggest a vote

Loading...