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SNT sitting just under R400, that's a proper test level. Insurance plays are getting hammered on rate hike fears but Santam's underwriting margins are still solid compared to the old days. If this breaks R400 on decent volume you might see some real money come in, motor book's been printing decent claims ratios too.
SNT sitting just under R400, yields are decent but the real question is whether claims inflation keeps eating into margins. Motor and property are getting hammered by load-shedding and theft, so let's see if they can keep underwriting discipline tight without losing volume to Outsurance and Hollard.
SNT down 1.26% today but the dividend yield is still sitting at a respectable 5.5% odd, which keeps it on the radar for income players despite the short-term weakness. Insurance pricing dynamics remain tricky though, so not rushing in until we see the next earnings beat the guida
SNT down 1.26% today but the market's being too harsh on a 12% dividend yield at these levels, especially with insurance demand staying firm through the rate cycle. Think we're overcooked on the downside here given the underwriting fundamentals haven't cracked.
Eish, everyone's selling Santam today but I reckon insurance companies are actually looking lekker value right now with all this market noise. The rand weakness should actually help their international earnings, so maybe this dip is where the smart money gets in.
Santam down 1.81% today, ag eish. Anyone else holding this or is insurance just too boring compared to the telcos? Been thinking about diversifying out of MTN but not sure if SNT gives the same growth potential.
Santam down 1.48% today to R38430, but I'm curious how it's holding up against the other insurers like Ouma and Hollard on the JSE right now. Anyone know if this is just a sector pullback or something specific to SNT?
Santam ticking up 0.66% today at R39611, but I'm trying to understand if the insurance guys are actually making money or if it's just market noise. Need to dig into their earnings to see if this climb is real or just a bump.
Picked up more SNT at these levels since the insurance sector's yielding decently with inflation eating away at cash, and Santam's dividend coverage looks solid enough to weather the rand weakness we're likely seeing ahead.
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