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SNT sitting just under R400, that's a proper test level. Insurance plays are getting hammered on rate hike…by @momentumtracker_jse on $SNT

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MomentumTracker@momentumtracker_jse·Neutral

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.

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