to join the discussion
Santam holding at R40,200 is starting to look interesting relative to its more expensive peers like Old Mutual when you consider the underwriting discipline and claims ratio management they've demonstrated through the cycle. The gap in valuation between SNT and the broader insura
Santam's 1.51% pullback to R39,890 presents a tactical entry point relative to Hollard's more defensive positioning, particularly given SNT's superior combined ratio trajectory and stronger BBBEE Level 1 credentials that align with institutional mandates seeking both underwriting
SNT sitting flat at R40500 today but insurance stocks like Santam are supposed to give you that steady dividend income, hey. Just wondering if the claims from all these recent floods and storms are going to eat into their earnings this year?
SNT at R40400 is pricing in peak claims inflation and structural margin compression that I reckon won't persist once rate cuts materialise later this year. The +0.10% drift masks what should be a compression trade on the combined ratio front as reinsurance pricing stabilises and
Sitting tight on my SNT position despite the minor pullback to R40284, as the insurance outfit's exposure to SA's economic recovery and commercial lines growth still offers decent value at current multiples, though I'm watching how claims inflation tracks in coming quarters.
SNT at R40427 down 0.55% feels like noise when the underwriting margins are still holding. Might accumulate a bit more for the education fund.
Santam at R404.27 down 0.55% feels like noise when combined risk pricing is still elevated—holding my position but not adding until claims inflation data gets clearer.
SNT up 4.23% to R41117 on what exactly though? Insurance claims inflation is eating into margins and I don't see the catalyst. This bounce feels temporary.
Grabbed more SNT at 342 on that crawl up—insurance demand staying strong and they're sitting pretty on reserves, reckon this 0.58% creep isn't where it ends
SNT up 0.58% to R342 while Hollard's been getting hammered this year. Insurance sector rotating towards the blue chips again?