Santam Ltd traded at 43,723.00 this Friday February 27th, decreasing 1,277.00 or 2.84 percent since the previous trading session. Looking back, over the last four weeks, Santam lost 2.41 percent. Over the last 12 months, its price rose by 8.40 percent. Looking ahead, we forecast Santam Ltd to be priced at 42,546.85 by the end of this quarter and at 39,204.85 in one year, according to Trading Economics global macro models projections and analysts expectations.
Santam Ltd is an insurer covering general insurance and investment operations, as well as investments in emerging market insurance companies. The Company's segments include insurance, which includes core general insurance and reinsurance underwriting activities undertaken by the Company and are analyzed by insurance class; Investment, which includes all investment-related activities undertaken by the Company, and Strategic diversification, which relate to all strategic investing activities where the purpose of the activities is to obtain certain diversification benefits. The Company's business units include Santam Commercial and Personal, which offers business portfolio, multiproduct and multichannel distribution portfolio, and independent administration capability; Santam Specialist, which focuses on the insurance of risks in various market segments; MiWay, which is a direct insurer in the group, and Santam re, which is a wholesale reinsurance service provider.