• Caught in the debt trap?

    Help us help you by taking our second annual Debt survey and you could win R3 000.

  • Rich man, poor man

    Culture change from below is the only way to overcome poverty, says Leopold Scholtz.

  • Tech bubble talk

    After the tech euphoria of 2013, the fast-moving sector has hit a speed bump.

Data provided by McGregor BFA
All data is delayed
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 200.00
Change 2
% Change 0.01
Cumulative volume 9973
Market cap 23.87bn

Last Updated: 24/04/2014 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

Standard Bank is looking for 12 entrepreneurs to participate in a 10-part TV series. They could win a R1m investment into their dream.
 
 

The rich will pay - Mpofu

The EFF in Gauteng will focus all its energy on improving the lives of the poor, the party's premier candidate Dali Mpofu says.

 
 

Latest elections multimedia

Watch what happened when we blindfolded Helen Zille and asked her to eat random things
13 days to elections - news you need to know
11 Julius Malema quotes you'll never forget
DA won't get 30% - Zille

Money Clinic

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