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Santam Drops US Investment as Property-Rate Dip Damps Outlook

Santam Ltd. has paused its foray into the US as a decline in property premium rates in the world’s biggest economy forced South Africa’s largest general insurer to rethink its expansion plan. It discontinued investments into Avatar Holdings, a London-based …

We haven't written up this one. Insurance Journal has the full story — the link below goes straight to it.

Also reported by 1 other outlet

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