Loading...
See More

Santam to acquire Regent's aviation book

Mar 19 2012 16:34 I-Net Bridge

Company Data

Santam Limited [JSE:SNT]

Last traded 0
Change 0,11
% Change 0
Cumulative volume 29963
Market cap 25.18bn

Last Updated: 28-11-2014 at 04:29. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Santam expects lower earnings

Short-term insurance under pressure

Santam reports surge in profit

Santam increases cover during strike

Santam to post sharp profit hike

Santam first-half profits rise

 
Johannesburg - Santam [JSE:SNT], South Africa's largest short-term insurer, is in negotiations with Regent Insurance Company to acquire its aviation insurance book with effect from April 1.

This will boost Santam's existing aviation business, making it the biggest in Africa.

"Acquiring Regent's aviation book not only boosts our already successful aviation business, but it also allows us to extend our way of doing insurance to a new customer base.

"We believe that Regent's customers will benefit from our industry expertise, service and claims efficiency," said Quinten Matthew, executive head of Santam's specialist business unit.

Once the transaction has been successfully concluded, Santam will underwrite Regent's aviation insurance policies.
santam  |  aviation
NEXT ON FIN24X

 
 
 

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
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

Retailers of any shape and size can now unlock the power of mobile transacting.
 
 

Africa: Land of Billionaires!

Find out who are the richest of the richest in Africa!

 
 

Men24.com

Jurassic World trailer is epic!
Best bro movies 2014
Every man should be able to do these three things
Goalkeeper saves five penalties with his FACE!

Money Clinic

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